Meghmani Organics Ltd., a specialty 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 183.7% to Rs 1.02 billion for the period ended March 31, 2022 as against Rs 360.28 million for the period ended March 31, 2021.
Net sales increased by 74.2% to Rs 8.38 billion during the period ended March 31, 2022 as compared to Rs 4.81 billion during the period ended March 31, 2021.
Full-Year Results
The company’s net profit increased by 63.3% to Rs 3.04 billion for the full-year period ended March 31, 2022 as against Rs 1.86 billion for the full-year period ended March 31, 2021.
The company has reported net sales of Rs 25.94 billion during the full-year period ended March 31, 2022, an increase of 56.2% as compared to Rs 16.61 billion during the full-year period ended March 31, 2021.
The company has reported EPS of Rs 11.97 for the full-year period ended March 31, 2022 as compared to Rs 7.33 for the full-year period ended March 31, 2021.
Meghmani Organics Ltd is mainly engaged in the business of manufacture and selling of pigments and agrochemicals.