Alkyl Amines Chemicals Ltd., an organic amines manufacturer based in India announced its results for the second quarter ended September 30, 2021.
Q2 Results- QoQ
The company’s net profit declined 31.1% to Rs 540.9 million for the period ended September 30, 2021 as against net profit of Rs 785.4 million for the previous quarter.
Net sales decreased 10.4% to Rs 3.52 billion during the period ended September 30, 2021 as compared to Rs 3.93billion during the previous quarter.
Q2 Results- YoY
The company’s net profit declined 17.4% to Rs 540.9 million for the period ended September 30, 2021 as against net profit of Rs 654.7 million for the prior-year quarter.
Net sales increased 20% to Rs 3.52 billion during the period ended September 30, 2021 as compared to Rs 2.93 billion during the prior-year quarter.
Half-Year Results- YoY
The company’s net profit grew 12.2% to Rs 1.32 billion for the 6 months period ended September 30, 2021 as against net profit of Rs 1.18 billion for the prior-year 6 months period.
Net sales increased 38.2% to Rs 7.46 billion during the 6 months period ended September 30, 2021 as compared to Rs 5.4 billion during the prior-year 6 months period.
Alkyl Amines Chemicals Ltd is engaged in the business of manufacture and selling aliphatic amines, amine derivatives, fine chemicals, methylamine, ethylamine.