Granules India Q1FY22 consolidated net profit at Rs. 120.20 Cr
Chemical

Granules India Q1FY22 consolidated net profit at Rs. 120.20 Cr

The company posted net profit of Rs.111.44 crores for the period ended June 30, 2020.

  • By ICN Bureau | July 28, 2021

Granules India Ltd has reported total income of Rs.857.46 crores during the period ended June 30, 2021 as compared to Rs.802.59 crores during the period ended March 31, 2021.

The company reported total income of Rs.741.22 crores during the period ended June 30, 2020.

Granules India has posted net profit of Rs.120.20 crores for the period ended June 30, 2021 as against net profit of Rs.127.56 crores for the period ended March 31, 2021.

The company posted net profit of Rs.111.44 crores for the period ended June 30, 2020.

Commenting on the results, Krishna Prasad Chigurupati, Chairman & Managing Director of Granules India Limited said, "The last quarter was full of learnings and challenges both in terms of business and battling the pandemic. Business was temporarily impacted, and actions were taken to get it back on track. This testing time had given us an opportunity to think and plan to empower our future in a sustainable and reliable manner. I am happy that we are getting over these difficult times and becoming stronger to carry out our aspirations. We are focusing on making our growth strategy more robust, while taking a hard look on our product pipeline which is our growth engine. While remaining confident of our sustainable growth, efforts will be continued to formalise and follow an orbit changing strategy. I remain confident of our future sustainable growth."

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