Revenue from operations stood at Rs 508.66 crore in the quarter ended 31 December 2022 from Rs 368.95 crore reported in Q3 FY22, recording a growth of 37.87%.

Consolidated profit before tax soared 74.67% to Rs 167.51 crore in Q3 FY23 as compared to Rs 95.9 crore reported in the corresponding quarter previous year.

Total expenses spiked 24.42% year on year to Rs 357.96 crore in Q3 FY23. Cost of materials consumed was at Rs 244.75 crore (up 25.86% YoY) and employee expenses stood at Rs 24.12 crore (up 12.4% YoY).

Vinati Organics is one of India's leading manufacturers and exporters of specialty organic intermediaries, monomers, and polymers.