Q4 Results
Vinati Organics Ltd., a chemicals manufacturer based in India has reported financial results for the period ended March 31, 2022.
The company’s net profit grew by 42.7% to Rs 1.01 billion for the period ended March 31, 2022 as against Rs 708.45 million for the period ended March 31, 2021.
Net sales increased by 75.1% to Rs 5.01 billion during the period ended March 31, 2022 as compared to Rs 2.86 billion during the period ended March 31, 2021.
Full-Year Results
The company’s net profit increased by 28.7% to Rs 3.46 billion for the full-year period ended March 31, 2022 as against Rs 2.69 billion for the full-year period ended March 31, 2021.
The company has reported net sales of Rs 16.76 billion during the full-year period ended March 31, 2022, an increase of 71.1% as compared to Rs 9.8 billion during the full-year period ended March 31, 2021.
The company has reported EPS of Rs 33.72 for the full-year period ended March 31, 2022 as compared to Rs 26.2 for the full-year period ended March 31, 2021.
Vinati Organics Ltd is mainly engaged in the business of manufacture and selling of Isobutylbenzene (IBB), 2–Acrylamido 2–Methylpropane Sulfonic Acid (ATBS) and other specialty organic chemicals.