Vipul Organics Limited announced their Q1 results for FY 2024-25. On YoY basis, the company posted total revenues in Q1 of 2024-25 at Rs. 38.19 crore, marginally up from Q1 of 2023-24. PAT for Q1 of 2024-25 stood at Rs. 1.13 crore on a standalone basis, up 120.27% from Q1 of 2023-24 and Rs. 1.13 crore on a consolidated basis, up 119.38% from Q1 of 2023-24

On QoQ basis,total revenues in Q1 of 2024-25 stood at Rs. 38.19 crore, marginally down from Q4 of 2023-24. PAT for Q1 of 2024-25 stood at Rs. 1.13 crore on a standalone basis, up 6.5% from Q4 of 2023-24 and Rs. 1.13 crore on a consolidated basis, up 5.5% from Q4 of 2023-24

Commenting on the results, Vipul P Shah, Managing Director, Vipul Organics Limited, says: “Our thrust into value added products and newer verticals has seen an expansion in Margins over the last year. This is visible from the over 100 percent growth in our profits from the last year. Our topline is still to see the benefits of the green shoots in the Chemical sector, this was primarily due to the overhang of the General Elections and full budget. International markets are still to see full recovery. We are hopeful that with completion of US and other Major European economies elections by the 4th quarter of F.Y. 2024-25, the Global economic recovery should begin and we should be in a sweet spot with our expansion and addition of capacities”.