Ishan Dyes & Chemicals Ltd, an Indian dye & dyestuff manufacturer has reported financial results for the period ended March 31, 2020.
Q4 Results
The company’s net profit increased 345.54% to Rs 2.75 crores ($0.36 million) for the period ended March 31, 2020 as against Rs (1.12) crores (-$0.15 million) for the period ended March 31, 2019.
Net sales grew by 57.56% to Rs 21.68 crores ($2.9 million) during the period ended March 31, 2020 as compared to Rs 13.76 crores ($1.8 million) during the period ended March 31, 2019.
Full-Year Results
For the full-year period ended March 31, 2020, the company’s net profit grew by 89.81% to Rs 8.20 crores ($1.1 million) as against Rs 4.32 crores ($0.57 million) for the full-year period ended March 31, 2019.
The company’s net sales increased 21.18% to Rs 82.49 crores ($10.9 million) during the full-year period ended March 31, 2020 as compared to Rs 68.07 crores ($9.0 million) during the full-year period ended March 31, 2019.
The company has reported EPS (earnings per share) of Rs 5.82 ($0.08) for the full-year period ended March 31, 2020 as compared to Rs 3.84 ($0.05) for the full-year period ended March 31, 2019.