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Vinati Organics standalone net profit rises 58.99% in the March 2019 quarter

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Capital Market

Sales rise 39.51% to Rs 296.61 crore

Net profit of Vinati Organics rose 58.99% to Rs 82.53 crore in the quarter ended March 2019 as against Rs 51.91 crore during the previous quarter ended March 2018. Sales rose 39.51% to Rs 296.61 crore in the quarter ended March 2019 as against Rs 212.61 crore during the previous quarter ended March 2018.

For the full year,net profit rose 96.34% to Rs 282.49 crore in the year ended March 2019 as against Rs 143.88 crore during the previous year ended March 2018. Sales rose 51.87% to Rs 1108.14 crore in the year ended March 2019 as against Rs 729.68 crore during the previous year ended March 2018.

 
ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales296.61212.61 40 1108.14729.68 52 OPM %40.3830.56 -36.4227.03 - PBDT129.8172.17 80 452.63226.74 100 PBT123.0067.82 81 425.24203.38 109 NP82.5351.91 59 282.49143.88 96

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First Published: May 11 2019 | 4:38 PM IST

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