Balaji Amines Limited Reports Standalone and Consolidated Audited Results for Quarter and Year Ended March 31, 2018
May 14, 2018 at 09:24 am EDT
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Balaji Amines Limited reports standalone and consolidated audited results for quarter and year ended March 31, 2018. For the quarter, on standalone basis, the company reported revenue from operations of INR 2,569.034 million compared to INR 1,931.408 million a year ago. Profit before exceptional items and tax was INR 393.822 million compared to INR 317.997 million a year ago. Profit before tax was INR 393.822 million compared to INR 325.212 million a year ago. Net profit was INR 331.760 million or INR 10.24 per basic and diluted share compared to INR 178.725 million or INR 5.52 per basic and diluted share a year ago.
For the year, on standalone basis, the company reported revenue from operations of INR 8,770.036 million compared to INR 7,273.033 million a year ago. Profit before exceptional items and tax was INR 1,652.393 million compared to INR 1,278.997 million a year ago. Profit before tax was INR 1,658.384 million compared to INR 1,304.845 million a year ago. Net profit was INR 1 131.810 million or INR 34.93 per basic and diluted share compared to INR 855.733 million or INR 26.41 per basic and diluted share a year ago.
For the year, on consolidated basis, the company reported revenue from operations of INR 8,770.036 million compared to INR 7,305.915 million a year ago. Profit before exceptional items and tax was INR 1,651.898 million compared to INR 1,231.116 million a year ago. Profit before tax was INR 1,657.889 million compared to INR 1,256.958 million a year ago. Net profit was INR 1,131.315 million or INR 34.92 per basic and diluted share compared to INR 823.517 million or INR 25.42 per basic and diluted share a year ago.
Balaji Amines Limited is an India-based company, which is engaged in the business of manufacturing of specialty chemicals, aliphatic amines and derivatives. The Companyâs segments include Amines & Specialty Chemicals and Hotel Division. It also owns a five-star Hotel in Solapur, Maharashtra. Its products include amines, derivatives, specialty chemicals and pharma excipients. Its amine products include MONOMETHYLAMINE (MMA), DIMETHYLAMINE (DMA), TRIMETHYLAMINE and others. Its specialty chemical products include N-Methyl Pyrrolidone (NMP), Morpholine, 2-PYRROLIDONE (2-P), N-ETHYL-2-PYRROLIDONE, GAMMA-BUTYROLACTONE, ACETONITRILE (ACN) and others. Its derivatives products include Di-Methyl Acetamide (DMAC); Di-Methyl Amine Hydrochloride (DMA HCL); Tri-Methyl Amine Hydrochloride (TMA HCL); Di-Ethyl Amine Hydrochloride (DEA HCL), and others. Its pharma excipients products include POLY VINYL PYRROLIDONE(PVP-30) IP/BP/JP GRADE and POLY VINYL PYRROLIDONE(PVP-30)-TECHNICAL GRADE.