Anupam Rasayan's full year profit more than doubles on higher volumes
Chemical

Anupam Rasayan's full year profit more than doubles on higher volumes

The company has posted net profit of Rs.152.17 crores for the Financial Year ended March 31, 2022

  • By ICN Bureau | May 14, 2022

Specialty chemical player, Anupam Rasayan Limited has posted a strong growth in sales, profits in Q4FY22 and full year 2022.

The company's total income rose by 15% and stood at Rs.316.855 crores in Q4FY22 as against Rs.274.339 crores in same quarter last year.

Net profit in Q4 more than doubled and reached Rs.46.102 crores as against Rs.22.144 crores last year.

EPS also jumped by 70% to reach Rs.4.60 for the period ended March 31, 2022 as compared to Rs.2.70 for the period ended March 31, 2021

For the full year, the company posted a 116% growth in its consolidated net profit which closed at Rs 152 crore in the fiscal 2021-22. The company’s revenues grew 31% during the fiscal year at Rs 1,066 crore against Rs 810 crore in FY 2021.

Anand Desai, Managing Director, Anupam Rasayan, said, “We have delivered a robust year registering a total revenue growth, mostly driven by a healthy volume ramp-up.”

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