Himadri Specialty rises as Q4 PAT climbs 51% YoY
Mumbai, April 26 -- Revenue from operations rose 14.39% year on year (YoY) to Rs 1,176.95 crore in the quarter ended 31 March 2024.
Profit before tax stood at Rs 165.73 crore in fourth quarter of FY24, up 49.86% from Rs 110.59 crore reported in Q4 FY23.
On a full year basis, the company's net profit soared 90.19% to Rs 410.77 crore in FY24 over FY23. Revenue from operations rose marginally on YoY basis to Rs 4,184.89 crore in the financial year ended 31 March 2024.
Meanwhile, the board recommended a final dividend of Re 0.50 per equity share for the financial year ended 31 March 2024, subject to approval of shareholders.
Further, the board has approved brownfield expansion of a new speciality carbon black line of 70,000 MTPA at an est...
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