Vipul Organics announces Q2 results for FY 2024-25
Vipul Organics, a leading specialty chemicals company in the pigments and dyes segment, announced its Q2 results for FY 2024-25. On a year-on-year basis, the total revenue in Q2 of 2024-25 stood at Rs 39.43 crore, up 7.7% from Q2 of 2023-24
The PAT (profit after tax) for Q2 of 2024-25 stood at Rs 10.60 crore on a standalone basis, up 7.02% from Q2 of 2023-24 , and Rs. 99.10 lakh on a consolidated basis. The standalone EPS stood at 0.81 per share, and 0.73 on a consolidated basis.
Total revenue on a Q-o-Q basis in Q2 of 2024-25 stood at Rs 39.43 crore, up 3.2% from Q1 of 2024-25. PAT for Q2 of 2024-25 stood at 10.60 crore, down 6.7% from Q1 of 2024-25.
Commenting on the results, Vipul Shah, managing director, Vipul Organics, said, “Chemical Industry is going through a slightly rough patch with increasing input, labour and logistics cost but we feel that this is temporary and with the global markets stabilizing, the trend will reverse. To protect ourselves from the vagaries of global geo-political situation, which has been a worry for the last few years, we have started to develop a strong domestic market and this is witnessed in our topline growth, despite challenges. Our capex will also start showing results within the next two quarters and our outlook is really positive”.
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