Live Breaking News & Updates on Chromium chemistry
Stay updated with breaking news from Chromium chemistry. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Hyderabad (Telangana) [India], November 1 (ANI/PRNewswire): Vishnu Chemicals Limited (BSE: 516072) (NSE: VISHNU), epitomises manufacturing of high-performance specialty chemicals, has reported its unaudited financial results for the quarter and half year ended 30th September 2022. Highest Ever Profitability Backed by Strong Operating Efficiency. CONSOLIDATED FINANCIAL HIGHLIGHTS Consolidated Highlights Vishnu Chemicals continues to report record quarterly Sales, EBITDA & PAT. Consolidated domestic and exports sales continued its growth trend, growing by 57 per cent and 53 per cent YoY. Expansion of +245 bps in EBITDA margin YoY and +250 bps in PAT margin YoY in Q2FY23. Unwavering focus on manufacturing had led the company to be a global leader in terms of gross asset turnover and ROCE amidst peers. Gross asset turnover & ROCE reached highest levels of 2x & 35 per cent+ respectively. Debt to Equity reduced to 1.0 from 1.3 in FY22. The company continues to improve its working ....