Smruthi Organics has reported results for first quarter ended June 30, 2018.
The company has reported net profit of Rs 2.19 crore for the quarter under review as against a net loss Rs 0.14 crore for the same quarter in the previous year. Total revenue from operations of the company increased by 64.32% at Rs 28.97 crore for Q1FY19 as compared Rs 17.63 crore for the corresponding quarter previous year.
Smruthi Organics’ core competency is multi-step organic synthesis and large scale manufacturing of organic molecules.