Yasho Industries Q3 FY21 PAT up 39%
Chemical

Yasho Industries Q3 FY21 PAT up 39%

The company registered highest ever revenue, EBITDA and PAT in Q3FY21

  • By ICN Bureau | February 10, 2021

Yasho Industries has registered a 32.2% growth in revenue  at Rs 97.5 crore for the quarter eneded December 31, 2020 as compared to the corresponding perioid last fiscal. The company's PAT also grew by 39 per cent  on YoY basis. The production volume  for the quarter stood at 2,180 MT, a growth of 27.4% on YoY basis


Parag Jhaveri, Managing Director & CEO, Yasho Industries, said, "We are happy to report highest quarterly financial and operational performance with all chemical segments performing well. Our revenue grew by 32% for the quarter on YoY basis at Rs 97.5 crore. Our sales volume grew by 27% and EBITDA grew by 20%. Rubber chemicals, lubricant chemicals & speciality chemical business has witnessed higher growth as compared to Food Antioxidants & Aroma Chemicals.

Export business contributed more than 60% of our business and we continue to scale up our relationship with Global companies as their trusted supplier. All our facilities are designed to be multipurpose & multiproduct which gives us an edge to diversify on customers demand. We have wide range of products catering to multiple industries which insulates us from downturns in specific industries.

We are well qualified with respect to experience, certifications and inhouse R&D team to develop & deliver products indigenously. We continue to see improving performance across end user industries on the back of robust demand. As we lay the foundations for a strong and future-ready business, our newly expanded capacity of Rubber, Lubricant and Specialty chemicals will fructify in coming quarters."

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