Jyoti Resins Reports 9% Revenue Growth to INR 75 Crores Despite Volume Decline in Q1
Jyoti Resins & Adhesives reported a 9% year-over-year revenue growth to INR 75.00 crores in Q1, despite challenging market conditions. Adjusted revenue declined 5% to INR 70.00 crores due to soft demand. Volume declined by 3% due to early monsoons. EBITDA margins remained stable at 27.5%. The company announced expansion plans, including a brownfield expansion to increase capacity by 1,500 tons per month and a greenfield plant investment of INR 45.00 crore. Jyoti Resins aims to reach INR 500.00 crore turnover in three years, expecting 15-20% annual volume growth.
08May 25
Jyoti Resins Reports Q4 Revenue and EBITDA Growth, Net Profit Up 5.3%
Jyoti Resins has announced impressive Q4 financial results, showcasing significant improvements across key metrics. Revenue increased by 10.33% to 786.00 million rupees, while EBITDA grew by 14.00% to 242.00 million rupees. The company's EBITDA margin improved to 30.73%, and net profit rose by 5.30% to 198.00 million rupees. These results indicate strong market demand for Jyoti Resins' products and effective cost management strategies.