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Small-cap stock Archean Chemical Industries declined nearly 4 per cent in intraday trade on the BSE on Thursday, May 8, looking set to extend losses to the third consecutive session. Archean Chemical Industries share price opened at ₹603.25 against its previous close of ₹605.40 and declined 3.6 per cent to an intraday low of ₹583.45. Around 12:45 PM, the small-cap stock traded 2.71 per cent lower at ₹589. Equity benchmark Sensex was almost flat at 80,789 at that time.

The speciality chemicals company announced its Q4FY25 results after market hours on May 2. The company reported a 2.2 per cent year-on-year (YoY) decline in its profit after tax (PAT) for the quarter to ₹58.31 crore from ₹59.64 crore in the same quarter last year.

Total income, however, increased 12 per cent to ₹333.33 crore from ₹297.22 crore in Q4FY24.

EBITDA in Q4FY25 saw a mild dip, coming at ₹101.12 crore from ₹101.94 crore in Q4FY24.

(This is a developing story. Please check back for fresh updates.)

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