Ajooni Biotech records stellar growth of 45% yoy during Q3FY22

12 Jan 2022 , 02:32 PM

Ajooni Biotech’s share plunged dramatically after the quarterly results were announced. It is currently trading at Rs 73.85/share as against the previous closing of Rs 74.90. It has touched the low of Rs 71.70 and hit the high of Rs 75.80 so far in the day.

The company shared its quarterly results and business updates and registered a growth of 45% in sales (y-o-y basis) for the quarter ending December 2021. The sales figure for the quarter stood at Rs 188.7 million.

The company was founded in 2010 and is growing ever since.

It witnessed good traction with its clients in the past few months and expects to grow substantially in the future.

The company has also achieved new research & development of new veterinary supplements and will launch the same in association with one of the leading co-operative societies of India in the near future.