Vipul Organics Limited, leading Specialty Chemicals Company in the pigments and dyes segment, announced their Quarter 2 results for FY 2024-25.
Some of the key highlights on Standalone basis are:
YoY basis:
Total Revenues in Q2 of 2024-25 stood at Rs. 3,943.12 Lakh, up 7.7% from Q2 of 2023-24
EBITDA for Q2 of 2024-25 stood at Rs. 385.52 Lakh, up 30% from Q2 of 2023-24
PBT for Q2 of 2024-25 stood at Rs. 176.4 Lakh, up 64.72% from Q2 of 2023-24
PAT for Q2 of 2024-25 stood at Rs. 106.06 Lakh, up 7.02% from Q2 of 2023-24
QoQ basis
Total Revenues in Q2 of 2024-25 stood at Rs. 3,943.12 Lakh, up 3.2% from Q1 of 2024-25
EBITDA for Q2 of 2024-25 stood at Rs. 385.52 Lakh, up 13% from Q1 of 2024-25
PBT for Q2 of 2024-25 stood at Rs. 176.4 Lakh, up 11.17% from Q1 of 2024-25
PAT for Q2 of 2024-25 stood at Rs. 106.06 Lakh, down 6.7% from Q1 of 2024-25
Commenting on the results, Vipul Shah, Managing Director, Vipul Organics Limited, said: “Chemical Industry is going through a slightly rough patch with increasing input, labour and logistics cost but we feel that this is temporary and with the global markets stabilizing, the trend will reverse. To protect ourselves from the vagaries of global geo-political situation, which has been a worry for the last few years, we have started to develop a strong domestic market and this is witnessed in our topline growth, despite challenges. Our capex will also start showing results within the next two quarters and our outlook is really positive”.