Aimco Pesticides logs 273% yoy growth in PAT for Q3FY22; Stock hits 5% upper circuit

14 Feb 2022 , 03:05 PM

Aimco Pesticides Ltd. reports 170% yoy growth in revenue at Rs100.81 crore for Q3FY22 as compared to Rs37.34 crore for Q3FY21. The company’s total income was reported at Rs100.58 crore for the current quarter, as against Rs38.23 crore, up by 163.10% yoy.

It reported an EBITDA of Rs6.97 crore for the quarter ended December 2021 against Rs2.65 crore for the previous corresponding quarter, up by 162.80% yoy, and EBITDA for the previous quarter stood at Rs4.61 crore.

PAT reported at Rs4.29 crore for Q3FY22 against Rs1.15 crore for Q3FY21, up by 273.30% yoy, and PAT for the previous quarter ended September 2021 stood at Rs2.70 crore.

The company managed to improve its EPS for Q3FY22 at Rs4.47 against Rs1.20 for Q3FY21, and Rs2.82 for the previous quarter.

At around 3.00 PM, Aimco was trading at Rs161.95 and remained in upper circuit throughout the day, gaining by Rs7.70 or 5% against its previous closing price of Rs154.25 on BSE.

It touched day’s high and low of Rs161.95 and Rs161 so far.