Vishal Thakkar on Anupam Rasayan Strong Q4 numbers | Business & Market Update | English News

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Anupam Rasayan reported a robust set of numbers for Q4. Revenue up 19.2% QoQ at Rs 317.2 cr vs Rs 266.2 cr. Net profit rose 21.6% on a quarter-on-quarter basis to Rs 46.1 cr. Margins came in at 30.7% vs 28.2%. Revenue growth was driven by a healthy volume ramp-up. EPS rose by 22% to Rs 4.61/share. The company signed LOI and contracts worth Rs 2620cr in FY22. Revenue visibility for FY23 is strong due to older LOIs getting converted into long-term contracts. Company’s next phase of growth will be driven by foray into fluorination chemistry and 6 new molecules to be commercialized in FY2023. Vishal Thakkar, Deputy CFO, Anupam Rasayan shares more details on ET NOW.
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