Hot Pursuit     29-May-24
Amines & Plasticizers zooms after Q4 PAT climbs 51% to Rs 12 cr
Amines & Plasticizers surged 14.15% to Rs 217.85 after it reported 51.34% jump in consolidated profit to Rs 12.94 crore on 6.26% rise in revenue from operations to Rs 177.33 core in Q4 FY24 over Q4 FY23.
Profit before tax increased 56.30% to Rs 17.49 crore in the quarter ended March 2024 as compared with Rs 11.19 crore posted in Q4 FY23.

Total expenses increased 2.08% YoY to Rs 159.97 crore in quarter ended 31 March 2024. Cost of materials consumed was at Rs 114.56 crore (up 2.03% YoY), employee benefit expense was Rs 5.64 crore (up 14.40%) and finance cost stood at Rs 3.32 crore (up 332.27% YoY) during the quarter.

For the full year, the company’s consolidated net profit jumped 74.11% to Rs 39.82 crore on 8.32% increase in net sales to Rs 647.01 crore in FY24 over FY23.

Meanwhile, the board recommended a final dividend of Re 0.50 for the financial year ended 2024.

Amines & Plasticizers the manufactures over 60 different varieties of organic chemicals / amines/ solvents / fertilizers. The main products manufactured are Methyl Diethonalamine (MDEA) and N Methyl Morpholine Oxide (NMMO) which are used in Petrochemicals and Oil refineries, Gas plants and Textiles.

Previous News
  Amines & Plasticizers consolidated net profit declines 47.68% in the September 2022 quarter
 ( Results - Announcements 12-Nov-22   08:12 )
  Amines & Plasticizers to table results
 ( Corporate News - 05-Nov-19   12:40 )
  Amines & Plasticizers standalone net profit rises 83.56% in the December 2014 quarter
 ( Results - Announcements 12-Feb-15   08:39 )
  Amines & Plasticizers standalone net profit rises 86.26% in the June 2016 quarter
 ( Results - Announcements 06-Aug-16   13:55 )
  Amines & Plasticizers schedules board meeting
 ( Corporate News - 01-Feb-23   15:57 )
  Amines & Plasticizers to announce Quarterly Result
 ( Corporate News - 31-Oct-23   14:20 )
  Amines & Plasticizers consolidated net profit rises 2.23% in the June 2021 quarter
 ( Results - Announcements 06-Aug-21   18:26 )
  Amines & Plasticizers standalone net profit rises 20.68% in the September 2017 quarter
 ( Results - Announcements 13-Dec-17   16:25 )
  Amines & Plasticizers to conduct board meeting
 ( Corporate News - 04-Aug-22   12:19 )
  Amines & Plasticizers standalone net profit rises 4.86% in the June 2018 quarter
 ( Results - Announcements 15-Aug-18   15:01 )
  Amines & Plasticizers net profit declines 26.42% in the December 2011 quarter
 ( Results - Announcements 14-Feb-12   12:42 )
Other Stories
  Axis Bank PAT rises 4% YoY to Rs 6,035 crore in Q1 FY25
  24-Jul-24   18:05
  L&T Q1 PAT rises 12% YoY to Rs 2,786 cr
  24-Jul-24   18:00
  Epigral hits 52-week high after Q1 PAT soars YoY to Rs 86 cr
  24-Jul-24   17:53
  NSE SME SAR Televenture's FPO ends with 7.46 times subscription
  24-Jul-24   16:56
  Tips Inds hits 52-week high after Q1 PAT rises 61% YoY to Rs 44 cr
  24-Jul-24   16:39
  Borosil Renewables soars on import duty proposal for solar glass
  24-Jul-24   16:02
  KPIT Tech gains as Q1 PAT climbs 24% QoQ to Rs 204 cr
  24-Jul-24   16:02
  Petronet LNG hits record high as PAT jumps 44% YoY in Q1 FY25
  24-Jul-24   15:36
  VST Industries Ltd leads losers in 'A' group
  24-Jul-24   15:00
  Purple Finance Ltd leads losers in 'B' group
  24-Jul-24   14:45
Back Top