India’s Diamines and Chemicals Net Profit Rises 234.3% in Q4 FY22

Diamines and Chemicals 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 234.3% to Rs 71.6 million for the period ended March 31, 2022 as against Rs 21.42 million for the period ended March 31, 2021.

Net sales increased by 41.4% to Rs 208.57 million during the period ended March 31, 2022 as compared to Rs 147.53 million during the period ended March 31, 2021.

Full-Year Results

The company’s net profit fell by 20.4% to Rs 167.13 million for the full-year period ended March 31, 2022 as against Rs 209.94 billion for the full-year period ended March 31, 2021.

The company has reported net sales of Rs 679.28 million during the full-year period ended March 31, 2022, an increase of 4% as compared to Rs 653.69 million during the full-year period ended March 31, 2021.

The company has reported EPS of Rs 17.08 for the full-year period ended March 31, 2022 as compared to Rs 21.46 for the full-year period ended March 31, 2021.

Diamines and Chemicals Ltd is mainly engaged in the business of manufacture and selling of alkyl amines.