India’s Vishnu Chemicals Reports 123.2% Growth in YoY Q2FY22 Net Profit

Vishnu Chemicals Ltd., a 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 43.6% to Rs 166.3 million for the period ended September 30, 2021 as against net profit of Rs 115.8 million for the previous quarter.

Net sales increased 22.2% to Rs 2.41 billion during the period ended September 30, 2021 as compared to Rs 1.97 billion during the previous quarter.

Q2 Results- YoY

The company’s net profit grew 123.2% to Rs 166.3 million for the period ended September 30, 2021 as against net profit of Rs 74.5 million for the prior-year quarter.

Net sales increased 32.4% to Rs 2.41 billion during the period ended September 30, 2021 as compared to Rs 1.82 billion during the prior-year quarter.

Half-Year Results- YoY

The company’s net profit grew 41.5% to Rs 282.16 million for the 6 months period ended September 30, 2021 as against net profit of Rs 199.39 million for the prior-year 6 months period.

Net sales increased 31.4% to Rs 4.39 billion during the 6 months period ended September 30, 2021 as compared to Rs 3.34 billion during the prior-year 6 months period.

Vishnu Chemicals Ltd is engaged in the business of manufacture and selling sodium dichromate, chromium sulphate, chromic acid, chrome oxide green, sodium sulphate, potassium and barium carbonate.