Hot Pursuit     27-Nov-23
Indo Amines’ subsidiary receives environment clearance for capacity expansion
The chemical manufacturing company said that its subsidiary Indo Speciality Chemicals has received environment clearance for enhancing production capacity of ‘synthetic organic chemical’ at its manufacturing unit situated at Mahad, Maharashtra.

The announcement was made on Saturday, 25 November 2023.

Indo Amines strive best in class chemical manufacturing company, committed to deliver excellence in fine chemicals, specialty chemicals, performance chemicals, perfumery chemicals and active pharmaceuticals ingredients.

The company’s consolidated net profit surged to Rs 11.93 crore in Q2 FY24 from Rs 4.90 crore posted in Q2 FY23. Net sales aggregated to Rs 252.93 crore in Q2 FY24, up 4.9% YoY.

Shares of Indo Amines shed 0.87% end at Rs 114 on Friday, 24 November 2023.

Domestic equity markets are shut today on account of Guru Nanak Jayanti.

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