Fine Organic spurts after Q1 PAT soars 345% YoY

10 Aug 2022 , 09:44 AM

On a consolidated basis, profit before tax (PBT) soared 369.7% year-on-year to Rs 218.72 crore in Q1 June 2022. Total expense jumped 74.2% YoY to Rs 533.36 crore in Q1 FY23. Cost of raw material consumed stood at Rs 469.85 crore (up 74.8% YoY) and employee expenses stood at Rs 25.84 crore (up 22.2% YoY). Fine Organic is a leading producer of specialty additives for foods, plastics, rubbers, paints, inks, cosmetics, coatings, textile auxiliaries, lubes and several other specialty applications. Powered by Capital Market – Live News