Vipul Organics Q4 Profit Up 152% at Rs 1.97 Crore
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Vipul Organics reports 152% jump in Q4 profit to Rs 1.97 crore. Revenue up 19.67%. Greenfield facility progressing well. Read more!
Mumbai, Jun 1 (PTI) Speciality chemicals company Vipul Organics on Monday reported a 152.56 per cent year-on-year growth in consolidated net profit at Rs 1.97 crore for the March quarter of FY2025-26.
The company's net profit stood at Rs 78 lakh during the corresponding period of the preceding financial year, the company said in a regulatory filing.
Total revenue increased 19.67 per cent during the quarter under review to Rs 52.62 crore, compared with Rs 43.97 crore during the year-ago period.
"Despite the headwinds posed by the ongoing conflict in the Middle East, which disrupted global shipping lanes and caused delays in certain export shipments, we have delivered our strongest financial performance to date. Within the country, our operations remained robust, and our cost optimisation initiatives continued to yield results," Vipul Organics Managing Director Vipul P Shah said.
The Greenfield facility at Sayakha, Gujarat, is progressing well, and the company expects it to contribute to both capacity and revenue diversification in the coming year, he said.
"With our expanded product mix, a growing global client base across 45 countries and improved operational efficiencies, we enter FY27 with confidence," he added.
The company's net profit stood at Rs 78 lakh during the corresponding period of the preceding financial year, the company said in a regulatory filing.
Total revenue increased 19.67 per cent during the quarter under review to Rs 52.62 crore, compared with Rs 43.97 crore during the year-ago period.
"Despite the headwinds posed by the ongoing conflict in the Middle East, which disrupted global shipping lanes and caused delays in certain export shipments, we have delivered our strongest financial performance to date. Within the country, our operations remained robust, and our cost optimisation initiatives continued to yield results," Vipul Organics Managing Director Vipul P Shah said.
The Greenfield facility at Sayakha, Gujarat, is progressing well, and the company expects it to contribute to both capacity and revenue diversification in the coming year, he said.
"With our expanded product mix, a growing global client base across 45 countries and improved operational efficiencies, we enter FY27 with confidence," he added.
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