Balaji Amines Limited Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2018
January 28, 2019 at 07:39 am
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Balaji Amines Limited reported unaudited Standalone earnings results for the third quarter and nine months ended December 31, 2018. For the quarter, the company reported revenue from operations of INR 2,397.087 million against INR 2,188.373 million a year ago. Total revenue from operations was INR 2,408.581 million against INR 2,194.039 million a year ago. Profit before exceptional items and tax was INR 355.041 million against INR 449.883 million a year ago. Net Profit for the period was INR 262.739 million against INR 280.866 million a year ago. Basic and diluted earnings per share were INR 8.11 against 8.67 a year ago
For the nine months, the company reported revenue from operations of INR 7,164.305 million against INR 6,201.002 million a year ago. Total revenue from operations was INR 7,198.910 million against INR 6,228.835 million a year ago. Profit before exceptional items and tax was INR 1,256.083 million against INR 1,258.571 million a year ago. Net Profit for the period was INR 910.781 million against INR 800.050 million a year ago. Basic and diluted earnings per share were INR 28.11 against 24.69 a year ago.
Balaji Amines Limited is an India-based company, which is engaged in the business of manufacturing of specialty chemicals, aliphatic amines and derivatives. The Companyâs segments include Amines & Specialty Chemicals and Hotel Division. It also owns a five-star Hotel in Solapur, Maharashtra. Its products include amines, derivatives, specialty chemicals and pharma excipients. Its amine products include MONOMETHYLAMINE (MMA), DIMETHYLAMINE (DMA), TRIMETHYLAMINE and others. Its specialty chemical products include N-Methyl Pyrrolidone (NMP), Morpholine, 2-PYRROLIDONE (2-P), N-ETHYL-2-PYRROLIDONE, GAMMA-BUTYROLACTONE, ACETONITRILE (ACN) and others. Its derivatives products include Di-Methyl Acetamide (DMAC); Di-Methyl Amine Hydrochloride (DMA HCL); Tri-Methyl Amine Hydrochloride (TMA HCL); Di-Ethyl Amine Hydrochloride (DEA HCL), and others. Its pharma excipients products include POLY VINYL PYRROLIDONE(PVP-30) IP/BP/JP GRADE and POLY VINYL PYRROLIDONE(PVP-30)-TECHNICAL GRADE.
BALAJI AMINES LIMITED 
