However, revenue declined by 3.3 percent from last year to Rs 597 crore from Rs 617 crore. For the full year, the company's net profit grew by 138 percent, while operating profit or EBITDA also more than doubled, growing by 128 percent. Topline for the full-year stood at Rs 3,023.07 crore, a growth of 61 percent year-on-year.
Fine Organics manufactures, processes, supplies, distributes, deals, imports, and exports a wide variety of oleochemical-based additives used in food, plastics, cosmetics, coatings, and other specialty applications.
Shares of Fine Organic ended 1.1 percent lower after gaining as much as 6.5 percent intraday. The stock ended at Rs 4,454.40.
