Alkyl Amines Chemicals Limited, a leading specialty chemicals manufacturer, has released its financial results for the first quarter, showing a mixed performance with revenue growth but margin pressure.

Revenue and Profit

The company reported a revenue of ₹405.53 crore for Q1, marking a slight increase from ₹399.69 crore in the same period last year. This represents a year-over-year growth of approximately 1.46%.

Net profit for the quarter stood at ₹49.44 crore, up from ₹48.87 crore in the corresponding quarter of the previous year, showing a modest increase of about 1.17%.

EBITDA and Margin

Despite the growth in revenue and profit, Alkyl Amines faced some challenges in its operational efficiency:

• EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) declined to ₹76.50 crore from ₹79.10 crore year-over-year.
• The EBITDA margin contracted to 18.90% from 19.79% in the previous year, indicating increased cost pressures.

Operational Highlights

The unaudited financial results, approved by the company's Board of Directors, reveal several key operational aspects:

Financial Position

The company's financial position remains robust:

• Total Revenue, including other income, stood at ₹413.49 crore for the quarter.
• Profit before Tax was ₹66.34 crore, showing a slight increase from ₹65.91 crore in the same period last year.

Investor Metrics

For the quarter, the company reported:

• Basic Earnings Per Share (EPS) of ₹9.67
• Diluted EPS of ₹9.65

The face value of each share remains at ₹2.00.

Alkyl Amines Chemicals continues to operate within a single business segment of "Specialty Chemicals" as per Indian Accounting Standards.

The financial results were reviewed by the Audit Committee and approved by the Board of Directors. The company's statutory auditors have issued an unmodified limited review report for the quarter.

Investors and analysts will likely be watching how Alkyl Amines Chemicals manages its operational efficiency and cost structures in the coming quarters, given the pressure on margins despite revenue growth.

Alkyl Amines Chemicals Ltd. , a prominent player in the chemical industry, has announced a dividend payout that's set to reward its shareholders. The company's board has declared a dividend of ₹10.00 per share, signaling confidence in its financial position and commitment to shareholder returns.

Dividend Details

This dividend declaration comes as welcome news for the company's investors, providing them with a tangible return on their investment. The ₹10.00 per share payout demonstrates Alkyl Amines Chemicals' ability to generate value for its shareholders, even as many companies globally face economic uncertainties.

Company Overview

Alkyl Amines Chemicals Ltd. is known for its production of aliphatic amines and amine derivatives. These chemicals find applications across various industries, including pharmaceuticals, agrochemicals, and personal care products, among others.

Implications for Investors

The dividend announcement typically reflects a company's financial health and management's view of future prospects. For Alkyl Amines Chemicals, this payout may indicate:

• Stable financial performance
• Strong cash flow position
• Management's confidence in the company's near-term outlook

Investors should note that while dividends provide immediate returns, they are also part of a company's capital allocation strategy. The decision to distribute profits as dividends versus reinvesting in the business can impact long-term growth prospects.

As always, shareholders are advised to consider their individual financial situations and consult with financial advisors regarding the implications of this dividend on their investment strategies.

Additional Information

The exact record date and payment date for the dividend have not been specified in the announcement. Shareholders are encouraged to keep an eye out for further communications from the company regarding these important dates.