Chemical
Bodal Chemicals Q3 FY2022 net profit up 84%, turnover rises by 53%
The company has reported EBITDA of Rs. 73 crore with growth of 90% YoY basis and net profit for the quarter of Rs. 42 crore with a growth of 84% YoY basis
- By ICN Bureau
| February 12, 2022
Bodal Chemicals Limited, India's leading chemical company, has achieved Q3 FY22 standalone turnover of Rs. 514 crore, which shows a growth of 53% YoY basis.
The company has reported EBITDA of Rs. 73 crore with a growth of 90% YoY basis and net profit for the quarter of Rs. 42 crore with a growth of 84% YoY basis.
Bodal Chemicals Limited has achieved standalone 9M FY22 turnover of Rs. 1,343 crore which shows a growth of 82% YoY basis. It has reported EBITDA of Rs. 182 crore with a growth of 265% YoY basis and net profit for the nine months of Rs. 101 crore with a growth of 462% YoY basis.
Ankit S. Patel, Executive Director, Bodal Chemicals Limited said, “We have clocked highest quarterly turnover. This has been possible due to our incorporation of the Caustic unit and robust performance of our Dyestuff division. We expect to continue the good performance due to our focus on higher capacity utilization and product diversification.”
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