Chemical
Vinati Organics posts higher sales, profit on increased volumes
Net profit jumped 42% to reach Rs.101.09 crores in Q4FY22
- By ICN Bureau
| May 16, 2022
Specialty chemical player, Vinati Organics Ltd has posted a strong growth in sales, profits in Q4FY22 and full year 2022.
The company's total income rose by 75% and reached Rs.501.21 crores in Q4FY22 as against to Rs.286.32 crores in the same period last year.
Net profit jumped 42% to reach Rs.101.09 crores as against Rs.70.84 crores in the same quarter last year.
The company has reported a 42% rise in EPS at Rs.9.84 in Q4 as compared to Rs.6.89 for the period ended March 31, 2021.
For the full year, the company total income grew by 71% to reach Rs.1676.42 crores during the Financial Year ended March 31, 2022 as against Rs.980.10 crores in 2021.
Net profit for the full year jumped 28% to reach Rs.346.61 crores for the Financial Year ended March 31, 2022 as against Rs.269.3209 crores for the Financial Year ended March 31, 2021.
The company has reported EPS of Rs.33.72 for the Financial Year ended March 31, 2022 as compared to Rs.26.20 for the Financial Year ended March 31, 2021.
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