Hot Pursuit     11-May-22
Balaji Amines soars after strong Q4 performance
Balaji Amines jumped 5.62% to Rs 3016 after the company reported 29% rise in consolidated net profit to Rs 108.72 crore on a 88% increase in revenue from operations to Rs 779.04 crore in Q4 FY22 over Q4 FY21.

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.

Previous News
  Balaji Amines consolidated net profit declines 57.12% in the June 2023 quarter
 ( Results - Announcements 01-Sep-23   07:32 )
  Balaji Amines drops as Q1 PAT slides 18% YoY to Rs 43 cr
 ( Hot Pursuit - 08-Aug-24   12:22 )
  Balaji Amines receives environmental clearance for proposed expansion at Solapur unit
 ( Corporate News - 06-Feb-23   09:12 )
  Volumes jump at Gland Pharma Ltd counter
 ( Hot Pursuit - 22-May-23   14:30 )
  Balaji Amines to announce Quarterly Result
 ( Corporate News - 27-Jul-24   10:11 )
  Sensex slides 209 pts; RBI keeps policy rates unchanged at 6.5%
 ( Market Commentary - Mid-Session 08-Aug-24   10:18 )
  Board of Balaji Amines recommends Final Dividend
 ( Corporate News - 22-May-23   14:45 )
  Balaji Amines consolidated net profit rises 220.25% in the December 2020 quarter
 ( Results - Announcements 09-Feb-21   09:05 )
  Board of Balaji Amines recommends interim dividend
 ( Corporate News - 11-Mar-20   14:22 )
  Balaji Amines spurts after environmental clearance for new plant
 ( Hot Pursuit - 28-Nov-19   12:28 )
  Balaji Amines in demand after Q3 PAT spurts 162% YoY
 ( Hot Pursuit - 09-Feb-21   09:41 )
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