Mumbai, Feb 1st, 2022: Yasho Industries Limited (BSE: 541167 | ISIN: INE616Z01012) a leading Indian manufacturer & supplier of speciality and fine chemicals, has announced its unaudited financial results for the Quarter and Nine Month ended on December 31st, 2021.
| Particulars (Rs in Crores) | Q3 FY22 | Q3 FY21 | Y-o-Y | Q2 FY22 | Q-o-Q | 9M FY22 | 9M FY21 | Y-o-Y |
| Total Revenue* | 166.35 | 97.5 | 71% | 137.2 | 21.2% | 437.66 | 259.37 | 68.7% |
| EBITDA | 28.22 | 15.48 | 82% | 25.2 | 12% | 75.74 | 39.94 | 89.6% |
| EBITDA Margin (%) | 17% | 15.9% | 18.4% | 17.3% | 15.4% | |||
| PAT | 14.56 | 6.36 | 129% | 13.7 | 6% | 39.2 | 12.37 | 217% |
| PAT Margin (%) | 8.8% | 6.5% | 10.0% | 9.0% | 4.8% |
* Including other income
Mr Parag Jhaveri, Managing Director & CEO, Yasho Industries Limited said, “We are delighted to report our quarterly and nine-month performance in terms of volumes, sales, and profitability, which has been driven by a mix of improved product mix and price realization. Total revenue for 9MFY22 was Rs 437.6 crores, an increase of 68.7% per cent year on year. On a year-over-year basis, our sales volume increased by 49.5% and our EBITDA increased by 12.4% in 9MFY22.
We offer a comprehensive range of products to customers in India and around the world. Demand for all principal chemicals in our portfolio has been strong, led by the value-added products.
The relentless efforts of our R&D team are the key contributor to our company’s growth and success. Over the years, we have increased our R&D spending to provide quality products to our clients. Furthermore, our technological capabilities have assisted us in identifying process bottlenecks and implementing specific initiatives to increase efficiencies and reduce costs. Our project of capacity expansion at our Unit 1 & Unit 2 has been completed and the company will benefit from this over the next few quarters.”