Balaji Amines soars after strong Q4 performance

11 May 2022 , 02:45 PM

On the segmental front, revenue from Amines & Speciality Chemicals was Rs 802.90 crore (up 84% YoY) while that from Hotel Division was Rs 5.38 crore (up 51% YoY) in Q4 FY22. Total expenses during the quarter doubled to Rs 597.92 crore. Profit before tax in Q4 FY22 stood at Rs 183.23 crore, up by 52% from Rs 120.27 crore in Q4 FY21. The company recorded 55% increase in consolidated net profit to Rs 368.41 crore on a 88% rise in revenue from operations to Rs 2,320.35 crore in FY22 over FY21. 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. Powered by Capital Market – Live News