Galaxy Surfactants Ltd, a surfactants manufacturer based in India announced its results for the final quarter & year ended March 31, 2021.
Q4 Results
The company’s net profit grew 25.3% to Rs 78.68 crores ($10.8 million) for the period ended March 31, 2021 as against Rs 62.8 crores ($8.6 million) for the period ended March 31, 2020.
Net sales grew by 20% to Rs 786.1 crores ($107.7 million) during the period ended March 31, 2021 as compared to Rs 656.66 crores ($90 million) during the period ended March 31, 2020.
Full-Year Results
For the full-year period ended March 31, 2021, the company’s net profit increased by 31.1% to Rs 302.14 crores ($41.4 million) as against Rs 230.41 crores ($31.6 million) for the full-year period ended March 31, 2020.
The company’s net sales grew 7.4% to Rs 2794.92 crores ($383.1 million) during the full-year period ended March 31, 2021 as compared to Rs 2602.3 crores ($356.7 million) during the full-year period ended March 31, 2020.
Galaxy Surfactants is into manufacture of surfactants and specialty chemicals for the personal care and home case segment; two segments that have been growing rapidly in the pandemic hygiene conscious scenario.