Yasho Industries Limited reports Highest Ever Revenue, EBITDA & PAT in Q3FY21

Yasho Industries Ltd (BSE: 541167 | ISIN: INE616Z01012) a leading Indian global manufacturer & supplier of specialty and fine chemicals, has announced its un-audited financial results for the quarter and nine months period ended on December 31st, 2020.

- Revenue at Rs 97.5 Cr, a growth of 32.2% YoY basis
- EBITDA at Rs 15.5 Cr, growth of 19.7% on YoY basis
- PAT at Rs 6.4 Cr, growth of 39% on YoY basis
- Production volume stood at 2,180 MT, a growth of 27.4% on YoY basis

Mr. Parag Jhaveri, Managing Director & CEO, Yasho Industries Limited said, "We are happy to report highest quarterly financial and operational performance with all chemical segments performing well. Our revenue grew by 32% for the quarter on YoY basis at Rs 97.5 Cr. Our sales volume grew by 27% and EBITDA grew by 20%. Rubber chemicals, Lubricant chemicals & Speciality chemical business has witnessed higher growth as compared to Food Antioxidants & Aroma Chemicals.

Export business contributed more than 60% of our business and we continue to scale up our relationship with Global companies as their trusted supplier. All our facilities are designed to be multipurpose & multiproduct which gives us an edge to diversify on customers demand. We have wide range of products catering to multiple industries which insulates us from downturns in specific industries.

We are well qualified with respect to experience, certifications and inhouse R&D team to develop & deliver products indigenously. We continue to see improving performance across end user industries on the back of robust demand. As we lay the foundations for a strong and future-ready business, our newly expanded capacity of Rubber, Lubricant and Specialty chemicals will fructify in coming quarters."

Shares of Yasho Industries Ltd was last trading in BSE at Rs.224 as compared to the previous close of Rs. 224.65. The total number of shares traded during the day was 10580 in over 104 trades.

The stock hit an intraday high of Rs. 233.85 and intraday low of 218. The net turnover during the day was Rs. 2363541.

Source : Equity Bulls

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