Indo Amines Limited Declares a Robust Financial Growth Revenue at Rs. 120.16 Crs; EBITDA Stood at Rs. 16.09 Crs; PAT Reported at Rs. 6.88 Crs

/ -- Indo Amines Ltd, one of India's largest independent manufacturers of fine, specialty & performance chemicals, has announced its financial results for the quarter ended December 31st, 2018.

Q3FY19 performance overview compared with Q3FY18
Revenues from operations stood at Rs. 120.16 crore, up by 1.82% EBITDA at Rs. 16.09 crore from Rs. 14.65 crore, a growth of 9.85% EBITDA margin at 13.59 % PAT stood at Rs. 6.88 crore, up by 10.24% EPS at Rs. 2.06 as compared to Rs. 1.80 for Q2FY19 9MFY19 Performance overview compared with 9MFY18
Revenues from operations stood at Rs. 337.89 crore, up by 29.49% EBITDA at Rs. 41.91 crore from Rs. 30.89 crore, a growth of 35.67% EBITDA margin at 12.61% PAT stood at Rs. 17.27 crore, up by 62.91% EPS at Rs. 5.18 as compared to Rs. 3.22 for 9MFY19 For the third quarter ended December 31, 2018:
For the nine months ended December 31, 2018:
Indo Amines' Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) in Nine months ended December 31, 2018 stood at Rs. 41.91 crore, up by 35.67%. EBITDA Margin stood at 12.61%
Commenting on the performance, Mr. Vijay Bhalchandra Palkar, Managing Director & Chief Executive Officer, Indo Amines Limited said, "We are very happy the way company has performed in this quarter. The strong financial performance is the result of higher growth in the coming scenario. In the last quarter, we have opened a wholly owned subsidiary in China (Indo Amines Sales (Changzhou) Co., Ltd) for wholesaling and retailing of raw chemicals, this will help us in expansion of business in China Market and accordingly this will improve our foreign business."
About Indo Amines Limited: