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
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 ( Hot Pursuit - 03-Aug-21   11:19 )
  Balaji Amines to hold board meeting
 ( Corporate News - 02-May-24   11:49 )
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 ( Hot Pursuit - 07-Feb-23   11:05 )
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 ( Corporate News - 24-Aug-23   11:02 )
  Board of Balaji Amines recommends final dividend
 ( Corporate News - 20-May-15   16:12 )
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 ( Corporate News - 13-Jan-18   11:27 )
  Balaji Amines net profit declines 79.61% in the March 2009 quarter
 ( Results - Announcements 29-Apr-09   22:22 )
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 ( Results - Announcements 12-Aug-22   13:31 )
  Balaji Amines commences operations of green field project at Solapur
 ( Corporate News - 21-May-21   16:44 )
  Balaji Amines announces board meeting date
 ( Corporate News - 30-Apr-19   16:30 )
  Balaji Amines recommends dividend
 ( Corporate News - 20-Jul-07   17:07 )
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