Results - Announcements
Indo Amines Ltd share price declined 5.76% to Rs 122.7 after the company's net profit tumbled 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, easing 8.81%. It has marginally improved by 4.30% over last one week and eased lower 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, tanking 54.08% year-on-year, and nosediving by 71.81% quarter-on-quarter. EBITDA came in at Rs 17 crore, tumbling by 36.59% YoY and plunging by 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, ticking higher by 3.89% YoY.
For FY26, revenue from operations tick up 7.51% to Rs 1159.66 crore, while net profit saw a strong growth of 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 retreated by 7.95% in last one year, underperforming the benchmark BSE Sensex which has softened by 2.74% during the same period.