Total revenue up 7.7% on YoY basis
Vipul Organics Limited, leading Specialty Chemicals company in the pigments and dyes segment, announced their second quarter results for FY 2024-25. On the standalone basis, the company posted total revenues of Rs. 39.43 crore in Q2 FY25 as compared to Rs. 36.60 crore in Q2 FY24. EBITDA for Q2 FY 25 stood at Rs. 3.85 crore as compared to Rs. 2.95 crore, reflecting a growth of 30 per cent. PAT for Q2 FY25 stood at Rs. 1.06 crore, up 7.02 per cent from Q2 FY24 at Rs. 0.99 crore.
For the Half Year ended September 30, 2024, Vipul Organics has posted total revenue of Rs. 77.63 crore as compared to Rs. 72.83 crore in H1 FY24. PAT in H1 FY25 stood at Rs. 2.19 crore as compared to Rs. 1.45 crore in H1 FY24.
Commenting on the results, Vipul Shah, Managing Director, Vipul Organics Limited, said: “Chemical Industry is going through a slightly rough patch with increasing input, labour and logistics cost but we feel that this is temporary and with the global markets stabilizing, the trend will reverse. To protect ourselves from the vagaries of global geo-political situation, which has been a worry for the last few years, we have started to develop a strong domestic market and this is witnessed in our topline growth, despite challenges. Our capex will also start showing results within the next two quarters and our outlook is really positive”.
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