Total expenses during the quarter increased by 77.4% year-on-year (YoY) to Rs 191.48 crore due to higher raw material costs (up 44% YoY).

Profit before tax in Q4 FY21 stood at Rs 94.83 crore, down by 12.1% from Rs 107.92 crore in Q4 FY20.

The company reported 19.3% drop in consolidated net profit to Rs 269.32 crore on 7.3% fall in revenue from operations to Rs 954.25 crore in the year ended 31 March 2021 as compared to the year ended 31 March 2020.

The company's board has recommended a final dividend of Rs 6 per equity share or the financial year ended 31 March 2021.

Vinati Organics is engaged in the manufacture of organic and inorganic chemical compounds nitrogenous energetic compounds (NEC).