Vipul Organics announces Q2 results
Vipul Organics has announced its Q2 results for FY 2024-25.
25 Nov 2024 | 342 Views | By Rahul Kumar
In YoY basis, the company’s 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. PAT for Q2 of 2024-25 stood at Rs 106.06-lakh, up 7.02% from Q2 of 2023-24.
In 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. PAT for Q2 of 2024-25 stood at Rs 106.06-lakh, down 6.7% from Q1 of 2024-25.
Vipul Shah, managing director, Vipul Organics, said: “The 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 stabilising, 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 show results within the next two quarters, and our outlook is positive.”