Q3FY17 Results : Vinati Organics Ltd.
Bhagyashree Vivarekar / 04 Feb 2017
Vinati Organics ltd Ltd. reported its results for the quarter ended December 31, 2016 on Saturday (Feb 4).The company's total sales for Q3FY17 amounted to Rs 173.98 crore, which represents a 17.47 per cent sequential increase and 7.84 per cent YoY increase.
Vinati Organics ltd Ltd. reported its results for the quarter ended December 31, 2016 on Saturday (Feb 4).
The company's total sales for Q3FY17 amounted to Rs 173.98 crore, which represents a 17.47 per cent sequential increase and 7.84 per cent YoY increase.
Its operating profit (EBIT) for the quarter was Rs 47.31 crore and its EBIT margin was 27.19 per cent.
The company's PAT was Rs 32.56 crore, which represents a sequential QoQ increase of 7 per cent and a YoY increase of 7.89 per cent.
Vinati Organics Ltd. (VOL) is an Indian specialty chemical company engaged in the business of manufacturing and export of organic intermediates, monomers and polymers. The company's products are aromatics, normal butylbenzene (NBB), hexenes and C10 aromatic solvent, industrial monomers, sodium salt of 2-acrylamido 2-methylpropanesulfonic acid (NaATBS), n-tertiary butyl acrylamide (TBA) and industrial polymers, among others.
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