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Rossari Biotech Ltd Q4FY23 results out, Net Profit soars by 21%

Started in 2003, Rossari Biotech is among the largest manufacturers of textile specialty chemicals in India. Their 3 main product categories are:- Home, personal care & performance chemicals, Textile specialty chemical and Animal health and nutrition. The company has two R&D facilities, one at Silvassa manufacturing facility and a research lab at IIT Bombay.

  • Rossari Biotech Ltd reported Total revenue for Q4 FY23 of ₹406 Crore, down from ₹439 Crore year on year depicting a decline of 8%.
  • Total Expenses for Q4 FY23 of ₹352 Crore up, from ₹387 Crore year on year, a degrowth of 9%.
  • Consolidated Net Profit of ₹29 Crore, up 21% from ₹24 Crore in the same quarter of the previous year.
  • The Earnings per Share is ₹5.25, up 20% from ₹4.37 in the same quarter of the previous year.

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