Mumbai, August6th, 2021:Yasho Industries Limited (BSE: 541167 | ISIN: INE616Z01012) a leading Indian global manufacturer & supplier of specialty and fine chemicals, has announced its un-audited financial results for the quarter ended on June30th, 2021.
 

Mr. Parag Jhaveri, Managing Director& CEO, Yasho Industries Limited said, “We are pleased to report our highest quarterly performance led by better product mix. Total revenue for the quarter stood at Rs 134crores, a growth of 84% on YoY basis. Our sales volume grew by 73% and EBITDA grew by 97% on YoY basis. Demand for all major chemicals has been healthy in Q1FY22 led by Rubber chemicals, Lubricant chemicals & Speciality chemical business.

Looking at the current demand for these products, we have incurred a Capex upto Rs 10 crores to enhance our existing capacity by 1,800 MTPA through debottlenecking at our unit 1 and unit 2 plant by 900 MTPA each.The said capacity expansion is expected to fully commercialize from Q3FY22 onwards and will be able to serve incremental demand.

Over the past few years, we have steadily built up our strengths in innovation, customization, manufacturing, as well as in global distribution. We have invested lots of effort in product development, product approval cycle, and various global certifications to match international quality standards.  We serve more than 1,000 clients across 40 countries and have been their long-term business partner backed by our strong R&D approach that creates value add chemistries. We foresee huge prospects in Rubber chemicals, Lubricant chemicals & Speciality chemical segments. This expansion will strengthen our capabilities and will be able to capture upcoming opportunities.”