Privi Speciality Chemicals Posts Robust Q1 Results: Revenue Up 22%, Net Profit Doubles

Privi Speciality Chemicals Limited , a leading player in the aroma chemicals sector, has reported strong financial results for the first quarter, showcasing significant growth across key metrics.

Financial Highlights

• Revenue: The company's revenue rose to ₹5,635.59 crore, marking a 22% increase from ₹4,611.64 crore in the same quarter last year.
• Net Profit: Consolidated net profit more than doubled to ₹619.00 crore, compared to ₹314.00 crore in the corresponding period of the previous year.
• EBITDA: Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) saw a substantial increase to ₹1,320.00 crore from ₹944.00 crore year-on-year.
• EBITDA Margin: The EBITDA margin expanded to 23.42% from 20.47% in the same quarter last year, indicating improved operational efficiency.

Performance Analysis

The robust quarterly performance demonstrates Privi Speciality Chemicals' strong market position and operational excellence. The significant jump in net profit and EBITDA underscores the company's ability to manage costs effectively while driving revenue growth.

About Privi Speciality Chemicals

Privi Speciality Chemicals Limited is a key player in the aroma chemicals industry. The company's business activities fall within a single segment of 'Aroma Chemical', as per their financial reporting.

Investor Information

The detailed financial results, including the unaudited standalone and consolidated financial statements for the quarter ended, have been reviewed by the audit committee and approved by the Board of Directors. These results are available for investors on the company's website ( www.privi.com ) as well as on the websites of the National Stock Exchange ( www.nseindia.com ) and Bombay Stock Exchange ( www.bseindia.com ).

Investors and stakeholders can expect a comprehensive view of the company's performance as more detailed analysis becomes available.