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Ami Organics Ltd Q1FY24; 13% rise in Profits

Ami Organics Limited is one of the leading research and development-driven manufacturers of specialty chemicals. The company manufactures different types of Advanced Pharmaceutical Intermediates and Active Pharmaceutical Ingredients (API) for New Chemical Entities, and materials for agrochemicals and fine chemicals.

Financial Results:

Ami Organics Ltd reported Revenues for Q1FY24 of ₹142.00 Crores up from ₹131.00 Crore year on year, a rise of 8.4%.

Total Expenses for Q1FY24 of ₹121.00 Crores up from ₹111.00 Crores year on year, a rise of 9.01%.

Consolidated Net Profit of ₹17.00 Crores up 13.33% from ₹15.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹4.57, up 12.01% from ₹4.08 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Chemicals
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