Balaji Amines Q4 PAT soars to Rs 89 cr : comparemela.com

Balaji Amines Q4 PAT soars to Rs 89 cr


On a consolidated basis, Balaji Amines' net profit surged 200.50% to Rs 88.80 crore on 60.46% jump in net sales to Rs 414.03 crore in Q4 March 2021 over Q4 March 2020.
Profit before tax (PBT) soared 194.99% to Rs 120.27 crore in Q4 FY21 as against Rs 40.77 crore in Q4 FY20.
During the financial year, Balaji Amines' net profit spurted 149.81% to Rs 243.49 crore on a 40.14% increase in net sales to Rs 1,311.45 crore in FY 2021 over FY 2020.
Meanwhile, the board has recommended a final dividend of Rs 4 per equity share.
Balaji Amines makes methylamines, ethylamines, derivatives of specialty chemicals and pharma excipients. The company is one of the leading manufacturers of aliphatic amines in India.

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