Alkyl Amines Posts ₹46 Crore Profit in Q4 Earnings

Alkyl Amines Chemicals Ltd. reported the March quarter financials with a steady performance of stellar growth in profit and revenue year-on-year.

Q4 Performance:

• Net Profit: The company reported a 18% YoY growth in the bottom line to ₹46 crore in Q4 FY24 from ₹39 crore in the same quarter last year.
• Revenue: Top-line revenue from operations was at ₹386 crore, a flat 8% YoY increase over ₹357 crore in Q4 FY23.
• EBITDA Performance: EBITDA was flat at ₹68 crore compared with last year’s ₹69 crore.
• EBITDA Margin: The margin for EBITDA weakened by 170 basis points YoY to 17.6% from 19.3%.

Dividend Announcement:

The board of Alkyl Amines Chemicals Ltd has recommended the final dividend of ₹10 per equity share of face value ₹2 for 24-25. The payment shall be made upon the approval by the shareholders in the forthcoming Annual General Meeting.

Stock Performance:

The Alkyl Amines Chemicals Ltd share went down by 12% in the last year, and 3.85% in the last month.

Source: https://www.cnbctv18.com/market/alkyl-amines-q4-results-net-profit-revenue-rise-announces-final-dividend-record-date-19602158.htm