Vinati Organics Ltd reports PAT of Rs. 110.01 crores in Q2

VINATI ORGANICS LTD. has reported financial results for the period ended September 30, 2019.

Financial Results (Q2 FY19-20) - QoQ Comparison

The company has reported net sales of Rs.256.26 crores during the period ended September 30, 2019 as compared to Rs.302.16 crores during the period ended June 30, 2019.

The company has posted net profit of Rs.110.01 crores for the period ended September 30, 2019 as against Rs.82.35 crores for the period ended June 30, 2019.

The company has reported EPS of Rs.21.41 for the period ended September 30, 2019 as compared to Rs.16.03 for the period ended June 30, 2019.

Financials	Q2 FY19-20	Q1 FY19-20	% Change
Total Income	₹ 256.26 crs	₹ 302.16 crs	-15.19%
Net Profit	₹ 110.01 crs	₹ 82.35 crs	33.59%
EPS	₹ 21.41	₹ 16.03	33.56%

Financial Results (Q2 FY19-20) - YoY Comparison

The company has reported net sales of Rs.256.26 crores during the period ended September 30, 2019 as compared to Rs.263.54 crores during the period ended September 30, 2018.

The company has posted net profit of Rs.110.01 crores for the period ended September 30, 2019 as against Rs.65.02 crores for the period ended September 30, 2018.

The company has reported EPS of Rs.21.41 for the period ended September 30, 2019 as compared to Rs.12.66 for the period ended September 30, 2018.

Financials	Q2 FY19-20	Q2 FY18-19	% Change
Total Income	₹ 256.26 crs	₹ 263.54 crs	-2.76%
Net Profit	₹ 110.01 crs	₹ 65.02 crs	69.19%
EPS	₹ 21.41	₹ 12.66	69.12%

Financial Results (6 months ended FY 19-20) - YoY Comparison

The company has reported net sales of Rs.558.42 crores during the 6 months period ended September 30, 2019 as compared to Rs.540.39 crores during the 6 months period ended September 30, 2018.

The company has posted net profit of Rs.192.37 crores for the 6 months period ended September 30, 2019 as against Rs.129.28 crores for the 6 months period ended September 30, 2018.

The company has reported EPS of Rs.37.43 for the 6 months period ended September 30, 2019 as compared to Rs.25.16 for the 6 months period ended September 30, 2018.

Financials	6 months FY19-20	6 months FY18-19	% Change
Total Income	₹ 558.42 crs	₹ 540.39 crs	3.34%
Net Profit	₹ 192.37 crs	₹ 129.28 crs	48.8%
EPS	₹ 37.43	₹25.16	48.77%

Shares of VINATI ORGANICS LTD. was last trading in BSE at Rs.2075.45 as compared to the previous close of Rs. 2067.2. The total number of shares traded during the day was 1828 in over 585 trades.

The stock hit an intraday high of Rs. 2106 and intraday low of 2065.7. The net turnover during the day was Rs. 3809205.