India’s 20 Microns Reports 30.6% Growth in Net Profit for Q4 FY22

20 Microns Ltd., a chemicals manufacturer based in India has reported financial results for the period ended March 31, 2022.

Q4 Results

The company’s net profit grew by 30.6% to Rs 106.29 million for the period ended March 31, 2022 as against Rs 81.35 million for the period ended March 31, 2021.

Net sales increased by 22% to Rs 1.73 billion during the period ended March 31, 2022 as compared to Rs 1.41 billion during the period ended March 31, 2021.

Full-Year Results

The company’s net profit increased by 50.5% to Rs 345.85 million for the full-year period ended March 31, 2022 as against Rs 229.72 million for the full-year period ended March 31, 2021.

The company has reported net sales of Rs 6.15 billion during the full-year period ended March 31, 2022, an increase of 26.6% as compared to Rs 4.86 billion during the full-year period ended March 31, 2021.

The company has reported EPS of Rs 9.80 for the full-year period ended March 31, 2022 as compared to Rs 6.51 for the full-year period ended March 31, 2021.

20 Microns Ltd is mainly engaged in the business of manufacture and selling of Ultrafine Industrial Minerals & Specialty Chemicals.