Privi Speciality Chemicals jumped 5.78% to Rs 1102.50 after the company s consolidated net profit increased 70.8% to Rs 59.86 crore in Q4 FY21 from Rs 35.04 crore in Q4 FY20.
Net sales during the quarter improved 14.2% to Rs 353.11 crore compared with the same period last year. Profit before tax in Q4 FY21 stood at Rs 80.60 crore, up by 74.5% as against Rs 46.19 crore in Q4 FY20.
The chemical maker recorded 19.9% fall in consolidated net profit to Rs 116.90 crore on 3.6% decline in net sales to Rs 1276.56 crore in the year ended 31 March 2021 over the year ended 31 March 2020.
The company s board has recommended a dividend of Rs 2 per equity share for the financial year ended 31 March 2021. The record date for the same is 20 August 2021.