Vinyl Chemicals (India) Limited has posted net profit of Rs. 4.83 crore for A3 FY 2020-21 ended December 31, 2020 as against net profit of Rs. 3.88 crore for the period Q3 FY 2019-20 ended December 31, 2019.

The company has reported a total income of Rs. 127.11 crore during the period ended December 31, 2020 as compared to Rs. 111.57 crores during the period ended December 31, 2019.

The company has reported EPS of Rs. 2.64 for the period ended December 31, 2020 as compared to Rs. 2.12 for the period ended December 31, 2019.

Vinyl Chemicals (India) Limited, a Parekh Group Company, was promoted by Pidilite Industries Limited (PIL) in 1986. The company is currently engaged in the business of trading in chemicals viz. Vinyl Acetate Monomer (VAM).

Earlier the company was engaged in the business of manufacturing VAM in its plant located at Mahad in Raigad District, Maharashtra, India. The company had a major share of business in India for this product. In December 2007, the said manufacturing unit was de-merged into PIL, its promoter company for strategic reasons. Post-demerger, the company's main focus remains in trading of VAM, which is now imported/sourced from various global suppliers and distributed/traded in India.