VISHNU CHEMICAL RESULTS Long

VISHNU CHEMICALS LNSE

Description

⋅ Aug 7, 2022 6:30 AM

Good set of numbers!

Manufacturer of:
1. Chromium Compounds:
The company is the leading manufacturer in India & South Asia for Chromium compounds. The key raw material constituting more than 60% combined are Chrome Ore and Soda Ash

2. Barium Compounds:
Company has ~40% market share of the Barium Carbonate in India.

Results

VISHNU CHEMICAL Q1 : CONS. NET PROFIT UP 194 % AT 34 CR (YOY), UP 19 % (QOQ)

REVENUE UP 82 % AT 359 CR (YOY), UP 6 % (QOQ)

EBITDA UP 119 % AT 58.9 CR (YOY), UP 7 % (QOQ)

MARGINS AT 16.4 % V 13.6 % (YOY), 16.3 % (QOQ)