India’s Ishan Dyes FY21 Net Profit Up by 56.1%

Ishan Dyes & Chemicals Ltd, an Indian dye & dyestuff manufacturer has reported financial results for the period ended March 31, 2021.

Q4 Results

The company’s net profit increased 27% to Rs 3.48 crores ($0.48 million) for the period ended March 31, 2021 as against Rs 2.75 crores ($0.38 million) for the period ended March 31, 2020.

Net sales grew by 30% to Rs 28.13 crores ($3.8 million) during the period ended March 31, 2021 as compared to Rs 21.68 crores ($3 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 grew by 56.1% to Rs 12.8 crores ($1.7 million) as against Rs 8.2 crores ($1.1 million) for the full-year period ended March 31, 2020.

The company’s net sales increased 2% to Rs 83.98 crores ($11.5 million) during the full-year period ended March 31, 2021 as compared to Rs 82.49 crores ($11.3 million) during the full-year period ended March 31, 2020.