Vishnu Chemicals Ltd posts consolidated PAT of Rs. 10.87 crore in Q4FY21

VISHNU CHEMICALS LTD. has reported financial results for the period ended March 31, 2021.

Financial Results (Q4 FY20-21) - QoQ Comparison

The company has reported total income of Rs.214.69 crores during the period ended March 31, 2021 as compared to Rs.133.09 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.10.87 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.3.68 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.9.10 for the period ended March 31, 2021 as compared to Rs.3.08 for the period ended December 31, 2020.

Financials	Q4 FY20-21	Q3 FY20-21	% Change
Total Income	₹ 214.69 crs	₹ 133.09 crs	61.31%
Net Profit	₹ 10.87 crs	₹ 3.68 crs	195.38%
EPS	₹ 9.10	₹ 3.08	195.45%

Financial Results (Q4 FY20-21) - YoY Comparison

The company has reported total income of Rs.214.69 crores during the period ended March 31, 2021 as compared to Rs.160.17 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.10.87 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.5.05 crores for the period ended March 31, 2020.

The company has reported EPS of Rs.9.10 for the period ended March 31, 2021 as compared to Rs.4.23 for the period ended March 31, 2020.

Financials	Q4 FY20-21	Q4 FY19-20	% Change
Total Income	₹ 214.69 crs	₹ 160.17 crs	34.04%
Net Profit	₹ 10.87 crs	₹ 5.05 crs	115.25%
EPS	₹ 9.10	₹ 4.23	115.13%

Financial Results (Year ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.681.50 crores during the 12 months period ended March 31, 2021 as compared to Rs.680.83 crores during the 12 months period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.34.49 crores for the 12 months period ended March 31, 2021 as against net profit / (loss) of Rs.22.22 crores for the 12 months period ended March 31, 2020.

The company has reported EPS of Rs.28.88 for the 12 months period ended March 31, 2021 as compared to Rs.18.61 for the 12 months period ended March 31, 2020.

Financials	Year Ended FY20-21	Year Ended FY19-20	% Change
Total Income	₹ 681.50 crs	₹ 680.83 crs	0.1%
Net Profit	₹ 34.49 crs	₹ 22.22 crs	55.22%
EPS	₹ 28.88	₹18.61	55.19%

"Our fourth quarter of 2020-21 has by far been the best performing quarter since inception backed by broad based consolidated revenue growth of 61% sequentially across our products driven by better capacity utilisation, efficient business processes and outstanding team efforts. We believe that there is no dearth of opportunities, both in terms of serving our existing customer base as well as growing our business with new and prospective customers. I am thankful to my team for their relentless dedication during these challenging times" said Ch. Krishna Murthy, Chairman & Managing Director, Vishnu Chemicals Limited.

"We feel good about our ability to deliver growth on our historical performance. Over the years, our product portfolio has expanded and so has our customer base. We are focused on the fundamentals of improving efficiencies and optimum utilization of capacities which should enable us to deliver robust performance going forward that will essentially make our initiatives ROI (Return on Investment) accretive and deliver the benefits of finest quality of specialty chemicals to our global customers" said Ch. Siddartha, Joint Managing Director, Vishnu Chemicals Limited.

Shares of VISHNU CHEMICALS LTD. was last trading in BSE at Rs.358 as compared to the previous close of Rs. 345.55. The total number of shares traded during the day was 15783 in over 596 trades.

The stock hit an intraday high of Rs. 362.8 and intraday low of 341.35. The net turnover during the day was Rs. 5644427.

Source : Equity Bulls

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