Page 2 - Methyl Amines News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Balaji Amines soared 15.49% to Rs 1461.20 after the company's standalone net profit jumped 162.5% to Rs 70.16 crore on 64.5% rise in net sales to Rs 364.73 crore in Q3 FY21 over Q3 FY20.Standalone profit before tax advanced 146% to Rs 91.52 crore in Q3 FY21 over Q3 FY20. Current tax expense jumped to Rs 21.64 crore in Q3 FY21 as against Rs 10.26 crore in Q3 FY20. The result was announced after market hours yesterday, 8 February 2021. During the quarter ended December 2020, the company's sales volume grew by 33.9% to 28,353 MT from 21,160 MT in the same period last year. Amines volumes stood a...

Shares of Balaji Amines zoomed 20 per cent to hit a new high of Rs 1,514 on the BSE in Tuesday's intra-day trade after its profit more-than-doubled to Rs 70.16 crore in the October-December quarter (Q3FY21) on the back of healthy revenue. The specialty chemicals company had posted a profit of Rs 26.73 crore in the year-ago quarter. Total income increased 63.7 per cent year-on-year (YoY) to Rs 366.85 crore as sales volume jumped 34 per cent YoY. Ebitda (earnings before interest, taxes, depreciation, and amortisation) was at Rs 98.77, up 116 per cent YoY. Ebitda margin improved 647 basis poin...