The company said that the commercial production of di-methyl carbonate (DMC) / propylene carbonate (PC) and propylene glycol (PG) has commenced at the companys newly set up plant in MIDC, Chincholi, Solapur with effect from 26 September 2022. The speciality chemical maker added that it has received the environmental clearance & Maharashtra Pollution Control Board permission in the form of consent to operate and has completed the Phase 1 of Greenfield project Unit IV. The company said that it estimates an annual production capacity of 15,000 million tonne of DMC or PC and 15,000 tonnne PG. Balaji Amines is a leading manufacturer of aliphatic amines & speciality chemicals in India, specialized in manufacturing of methyl amines, ethyl amines, derivatives of amines and other specialty chemicals. The companys net profit rose 36% to Rs 122.96 crore on a 48.7% increase in revenue from operations to Rs 670.17 crore in Q1 FY23 over Q1 FY22. The scrip shed 3.15% to currently trade at Rs 3,433.65 on the BSE. Powered by Capital Market – Live News
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.