Neogen Chemicals Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2021
October 30, 2021 at 08:06 am EDT
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Neogen Chemicals Limited reported earnings results for the second quarter and six months ended September 30, 2021. For the second quarter, the company reported sales was INR 1,131.77 million compared to INR 819.5 million a year ago. Revenue was INR 1,133.31 million compared to INR 819.84 million a year ago. Net income was INR 111.69 million compared to INR 73.79 million a year ago. Basic earnings per share from continuing operations was INR 4.79 compared to INR 3.16 a year ago.
For the six months, sales was INR 1,978.14 million compared to INR 1,585.41 million a year ago. Revenue was INR 1,980.02 million compared to INR 1,586.23 million a year ago. Net income was INR 185.25 million compared to INR 134.96 million a year ago. Basic earnings per share from continuing operations was INR 7.94 compared to INR 5.78 a year ago.
Neogen Chemicals Limited is an India-based company, which is engaged in the business of manufacturing of specialty chemicals which are used in pharmaceutical, engineering and agro-chemical industries. The Company manufactures specialty bromine and lithium-based chemical compounds, with a portfolio of organic and inorganic chemicals. Its business segments include Organic Chemicals and Inorganic Chemicals. The organic chemicals segment is involved in manufacturing organic bromine-based compounds, advanced intermediates, specialty compounds and Grignard reagents. The inorganic chemicals segment includes specialty, inorganic lithium based chemical products. The Company focusses on producing a wide range of specialty chemicals, including organic and inorganic chemicals. These chemicals are utilized in various industries, such as pharmaceuticals, agrochemicals, engineering, electronics, polymers, water treatment, construction, aroma chemicals, flavors and fragrances, and specialty polymers.
NEOGEN CHEMICALS LIMITED 
