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Balaji Amines reports 35% rise in Q2 consolidated net profit

27 Oct 2022 Evaluate
Balaji Amines has reported results for second quarter ended September 30, 2022.

The company has reported fall of 12.73% in its net profit at Rs 60.73 crore for Q2FY23 as compared to Rs 69.59 crore for the corresponding quarter previous year. However, total Revenue of the company increased by 2.63% to Rs 451.98 crore for the quarter under review as compared to Rs 440.39 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported rise of 34.71% in its net profit at Rs 118.64 crore for the quarter under review as compared to Rs 88.07 crore for the same quarter in the previous year. Total Revenue of the company increased by 18.95% to 630.41 crore for the quarter under review as compared to Rs 529.99 crore for the same quarter in the previous year.

Peers
Company Name CMP
Godrej Industries 1107.45
SRF 2561.00
BASF India 3607.50
Pidilite Inds. 1566.10
Tata Chemicals 693.50
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