The PAT for this period also showed robust growth, reaching Rs 365.28 lakh, an increase of 60.55 per cent compared to the corresponding period in 2023.
Vipul Organics, the Specialty Chemicals company in the pigments and dyes segment, announced their Quarter 3 results for FY 2024-25.
The company reported strong financial performance in Q3 of 2024-25, with total revenues reaching Rs 4,153.68 lakh, reflecting a 10.44 per cent increase compared to Q3 of 2023-24. The company’s Profit After Tax (PAT) for the quarter stood at Rs 144.95 lakh, marking a significant growth of 81.57 per cent year-on-year. For the nine months ended December 31, 2024, total revenues amounted to Rs 11,916.75 lakh, representing a 7.89 per cent rise from the same period in the previous year. The PAT for this period also showed robust growth, reaching Rs 365.28 lakh, an increase of 60.55 per cent compared to the corresponding period in 2023.
Commenting on the results, Vipul Shah, Managing Director, Vipul Organics, said, “The revenues are witnessing a steady growth despite the volatility of geo-political issues, and we are witnessing the fruits of backward integration, resulting in healthy bottom lines.â€
Vipul Organics, today, is amongst the foremost manufacturers of pigments, dyestuff, lake colours and pigment intermediaries / fast salts in the country. It has 3 manufacturing facilities spread across Maharashtra and has global footprint in over 50 countries. Vipul Organics ended the financial year 2023-24 with revenues of Rs 151 Crore.