Oriental Aromatics Ltd., a specialty chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2021.
Q1 Results- QoQ
The company’s net profit grew 1.34% to Rs 22.7 crores ($3.1 million) for the period ended June 30, 2021 as against net profit of Rs 22.4 crores ($3 million) for the previous quarter.
Net sales increased 4% to Rs 230.73 crores ($31 million) during the period ended June 30, 2021 as compared to Rs 222.5 crores ($297.7 million) during the previous quarter.
Q1 Results- YoY
The company’s net profit grew 129% to Rs 22.7 crores ($3.1 million) for the period ended June 30, 2021 as against net profit of Rs 9.92 crores ($1.3 million) for the prior-year quarter.
Net sales increased 103% to Rs 230.73 crores ($31 million) during the period ended June 30, 2021 as compared to Rs 113.7 crores ($15.3 million) during the prior-year quarter.
Oriental Aromatics is mainly engaged in the business of manufacture and selling of fragrance & flavor chemicals.