Promoted in 1979, as Techno Chemical Industries, the company was incorporated in 1994 as Indo Amines Limited. The company is a world-wide manufacturer, developer and supplier of fine and specialty chemicals, performance chemicals, perfumery chemicals and active pharmaceutical ingredients.
The company has five manufacturing units in Gujarat and Maharashtra.
Financial Results:
- Indo Amines Ltd reported Revenues for Q1FY24 of ₹244.00 Crores down from ₹258.00 Crore year on year, a fall of 5.43%.
- Total Expenses for Q1FY24 of ₹232.00 Crores down from ₹246.00 Crores year on year, a fall of 5.69%.
- Consolidated Net Profit of ₹12.00 Crores up 50.0% from ₹8.00 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹1.72, up 44.54% from ₹1.19 in the same quarter of the previous year.