Kiri Industries Ltd., a dyes and dyestuff manufacturer based in India announced its results for the second quarter ended September 30, 2021.
Q2 Results- QoQ
The company’s net profit grew 11.7% to Rs 1.01 billion for the period ended September 30, 2021 as against net profit of Rs 0.91 billion for the previous quarter.
Net sales increased 22.2% to Rs 3.58 billion during the period ended September 30, 2021 as compared to Rs 2.93 billion during the previous quarter.
Q2 Results- YoY
The company’s net profit grew 124% to Rs 1.01 billion for the period ended September 30, 2021 as against net profit of Rs 451.57 million for the prior-year quarter.
Net sales increased 104.2% to Rs 3.58 billion during the period ended September 30, 2021 as compared to Rs 1.75 billion during the prior-year quarter.
Half-Year Results- YoY
The company’s net profit grew 1625% to Rs 1.92 billion for the 6 months period ended September 30, 2021 as against net loss of Rs 125.72 million for the prior-year 6 months period.
Net sales increased 128.7% to Rs 6.52 billion during the 6 months period ended September 30, 2021 as compared to Rs 2.85 billion during the prior-year 6 months period.
Kiri Industries Ltd is engaged in the business of manufacture and selling dyes, intermediates and chemicals.