Logistic issues impacted the Q1 but the timeline for downstream derivatives and volume recovery in existing products remains on track to drive growth
Archean chemical reported lower than expected revenue and profits in Q1FY25. It recorded 25% fall in revenue on sequential basis largely due to loss of two weeks in the shipment movement during the quarter as the company shifted its logistics from Jakhau to Mundra as a regular practice during monsoon and it led to lower volume offtake in the quarter due to shipment challenges.