Key Highlights:
Total Revenue for the year stood at Rs 624.1 Cr, a growth of 68.9% on YoY basis. Our sales volume for FY22 grew by 43.3% and EBITDA margin grew by 100 bps. Our rubber chemicals, lubricant additives & specialty chemical businesses continue to witness growth.
Our export business has contributed 64% in revenue and has maintained its growth momentum. This was primarily dueto the high quality of our products and long-standing relationships with major customers. This quarter we have witnessed unprecedented pressure on the margins due to volatile pricing of raw material, increasing energy & freight costs.
We are pleased to inform you that, we are well on track with our planned capex of Rs350 crore. which will bring in an additional capacity of 15,500 MT. Following this expansion, the total capacity of the company will stand at 26,500 MT. The company is awaiting the approval of environmental clearance from the government which we expect to obtain in the coming months.”
On Monday morning trade, Yasho Industries was trading at Rs1748 per piece lower by 3.72% on the BSE.
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