India’s Paushak Reports 133.7% Growth in YoY Q2FY22 Net Profit

Paushak Ltd., a phosgene gas and phosgene-based chemicals manufacturer based in India announced its results for the second quarter ended September 30, 2021.

Q2 Results- QoQ

The company’s net profit grew 387.4% to Rs 142.8 million for the period ended September 30, 2021 as against net profit of Rs 29.3 million for the previous quarter.

Net sales increased 86.4% to Rs 439.3 million during the period ended September 30, 2021 as compared to Rs 235.7 million during the previous quarter.

Q2 Results- YoY

The company’s net profit grew 133.7% to Rs 142.8 million for the period ended September 30, 2021 as against net profit of Rs 61.1 million for the prior-year quarter.

Net sales increased 44.5% to Rs 439.3 million during the period ended September 30, 2021 as compared to Rs 304 million during the prior-year quarter.

Half-Year Results- YoY

The company’s net profit increased 16.7% to Rs 172.1 million for the 6 months period ended September 30, 2021 as against net profit of Rs 147.5 million for the prior-year 6 months period.

Net sales increased 5.5% to Rs 675 million during the 6 months period ended September 30, 2021 as compared to Rs 639.9 million during the prior-year 6 months period.

Paushak Ltd is engaged in the business of manufacture and selling isocyanates, chloroformates, carbamoyl chlorides, substituted urea acid chlorides, carbonates, carbamates and others.