Results - Announcements
Indo Amines Ltd share price retreated by 5.76% to Rs 122.7 after the company's net profit plunged by 72.04% to Rs 8.6 crore, while revenue from operations slightly gained 2.78% to Rs 385.06 crore in Q2FY27 over Q2FY26.
The market capitalization of Specialty Chemicals industry group stocks on BSE stood at Rs 5.72 lakh crore, rising 8.81%. It has inched up 4.30% over last one week and dipped slightly by 4.87% in last one month while the market capitalization of Indo Amines Ltd has improved by 2.64% and 6.48% in the same period respectively.
Profit before tax (PBT) of Indo Amines Ltd stood at Rs 11.75 crore in Q2 FY27, nosediving by 54.08% year-on-year, and tumbling by 71.81% quarter-on-quarter. EBITDA came in at Rs 17 crore, plunging by 36.59% YoY and tanking 66.59% sequentially.
Total expenses increased by 12.90% to Rs 370.5 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 293.23 crore, going up by 12.86% YoY, while employee benefits expense was at Rs 19.24 crore, inching up 3.89% YoY.
For FY26, revenue from operations inched higher 7.51% to Rs 1159.66 crore, while net profit soared by 41.91% to Rs 79.33 crore, compared to previous FY. EBITDA jumped by 8928% to Rs 94.2 crore, and PBT witnessed a strong rise of 37.91% to Rs 106.11 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 78.8 crore in FY26, as against Rs 35.4 crore in FY25.
Indo Amines Ltd softened by 2.33% in last one year, outperforming the benchmark BSE Sensex which has eased by 4.80% during the same period.