MoneyWorks4Me

Smruthi Organics turns black in Q1

17 Jul 2018 Evaluate

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.

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