Net profit of Balaji Amines rose 43.49% to Rs 68.03 crore in the quarter ended March 2024 as against Rs 47.41 crore during the previous quarter ended March 2023. Sales declined 12.19% to Rs 413.94 crore in the quarter ended March 2024 as against Rs 471.39 crore during the previous quarter ended March 2023.For the full year,net profit declined 37.07% to Rs 204.85 crore in the year ended March 2024 as against Rs 325.52 crore during the previous year ended March 2023. Sales declined 30.31% to Rs 1641.51 crore in the year ended March 2024 as against Rs 2355.40 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales413.94471.39 -12 1641.512355.40 -30 OPM %23.6019.75 -19.7225.86 - PBDT105.1696.11 9 346.93612.39 -43 PBT92.9184.96 9 301.56566.82 -47 NP68.0347.41 43 204.85325.52 -37 Powered by Capital Market - Live News

Net profit of Balaji Amines rose 65.92% to Rs 62.60 crore in the quarter ended March 2024 as against Rs 37.73 crore during the previous quarter ended March 2023. Sales rose 5.81% to Rs 367.17 crore in the quarter ended March 2024 as against Rs 347.01 crore during the previous quarter ended March 2023.For the full year,net profit declined 24.72% to Rs 171.30 crore in the year ended March 2024 as against Rs 227.54 crore during the previous year ended March 2023. Sales declined 22.50% to Rs 1337.84 crore in the year ended March 2024 as against Rs 1726.28 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales367.17347.01 6 1337.841726.28 -23 OPM %24.2115.96 -18.4319.09 - PBDT94.0658.83 60 265.26336.63 -21 PBT84.7151.00 66 231.61305.37 -24 NP62.6037.73 66 171.30227.54 -25 Powered by Capital Market - Live News

Balaji Amines announced that the Board of Directors of the Company at its meeting held on 8 May 2024, inter alia, have recommended the final dividend of Rs 11 per equity Share (i.e. 550%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Balaji Amines will hold a meeting of the Board of Directors of the Company on 8 May 2024.Powered by Capital Market - Live News

Balaji Amines announced that India Ratings and Research Private Limited has affirmed the company`s Long-Term Issuer Rating at `IND AA`. The Outlook is Stable. The instrument-wise rating actions are as follows:Fund-based working capital facilities - IND AA/Stable/IND A1+ (Affirmed)Non-Fund-based working capital facilities - IND A1+ (Affirmed)Powered by Capital Market - Live News