Categories Earnings, Others, Research Summary

Rossari Biotech Limited Q3FY23 Earnings Story

Rossari Biotech was incorporated in 2003. The company has made its mark among the largest manufacturers of textile specialty chemicals in India. It essentially deals in three product categories that range from animal health and nutrition, home, personal care, and performance chemicals, to textile speciality chemicals.

Financial Results:

During the period ended December 31, 2022, the company posted a total income of INR 390.383 crores. This is in comparison to INR 433.771 crores which the company reported in the year-ago period.

A net profit of INR 25.681 crores was reported by Rossari Biotech in the third quarter of FY23. This is against INR 22.539 crores of net profit that the company recorded in the previous year’s quarter.

The company’s EPS grew from INR 4.07 (recorded in Q3FY22) to INR 4.63 which was posted in the period ended December 31, 2022.

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