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Balaji Amines reports 18% fall in Q3 consolidated net profit

07 Feb 2023 Evaluate

Balaji Amines has reported results for third quarter ended December 31, 2022. (Q3FY23)

The company has reported fall of 51.35% in its net profit at Rs 36.41 crore for Q3FY23 as compared to Rs 74.85 crore for the corresponding quarter previous year. Total income of the company decreased by 12.92% to Rs 415.56 crore for the quarter under review as compared to Rs 477.22 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported fall of 17.52% in its net profit at Rs 83.79 crore for Q3FY23 as compared to Rs 101.59 crore for the same quarter in the previous year. However, total income of the company increased by 3.48% to 588.47 crore for the quarter under review as compared to Rs 568.70 crore for the same quarter in the previous year. 

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