Mumbai, August 17: Agarwal Industrial Corporation Limited (BSE: 531921 |NSE: AGARIND ), one of India’s largest integrated players in Bitumen, continued its growth trajectory closing the first quarter of F.Y. 2021-22 with triple-digit growth in both top and bottom line.
The Consolidated Revenue of the Company grew 177% (YoY) to Rs. 407.94 Crore. The company, along with its subsidiaries, continued to maintain its track record of consistent growth performance. The consolidated profit after tax grew 277% YoY to Rs. 15.07Crore. The company has built a credible track record in building scale and delivering high growth consistently. PAT margin of the company stood at 3.68% as compared to 2.7% in the last quarter. The Board of the Company has declared a final dividend of INR 1.80, subject to the approval of shareholders.
 |
Highlights of the Quarter Ended June 30, 2021 |
|||
|
(Consolidated) |
(Standalone) |
|||
|
Amt. (Rs. in Crore) |
% Growth (YoY) |
Amt. (Rs. in Crore) |
% Growth (YoY) |
|
| Total Revenue |
409.23 |
176.69% |
366.94 |
170.96% |
| EBITDA |
25.51 |
181.57% |
16.20 |
181.40% |
| EBITDA Margin |
6.23% |
– |
4.42% |
– |
| PAT |
15.07 |
276.99% |
7.18 |
498.36% |
| PAT Margin |
3.68% |
– |
1.96% |
– |
| EPS (Not Annualized) (in Rs.) |
12.84 |
229.23% |
6.12 |
423.08% |
Commenting on the successful results:
Mr. Lalit Agarwal, Whole Time Director, Agarwal Industrial Corporation Limited, said, “AICL is consistently pursuing its goal of accelerated high-value growth. In the first quarter, once again, we delivered – with strong and profitable growth in all businesses. The strong performance of our company was demonstrated in the first quarter by triple-digit revenue growth and increased profitability. With a strong liquidity position, a demonstrated ability to deliver execution and profitability, we are confident of weathering the crisis as well as to capture opportunities in a resilient non-recession market of Bitumen.”
Mr. Jaiprakash Agarwal, Managing Director, Agarwal Industrial Corporation Limited, said: “Q1FY22 marks yet another robust quarter with strong progress driven by petrochemical business. This quarter led to the successful acquisition of Agarwal Translink Private Limited, which is believed to be a definitive step toward strengthening financials and unlocking of higher value and greater opportunities in the logistics segment. Our endeavor to strengthen our balance sheet and improve business visibility and stability continues – which will be forming the basis for growth going forward.”
370296 809800Oh my goodness! an incredible post dude. Thanks a ton Nonetheless I is going to be experiencing problem with ur rss . Do not know why Not able to join it. Can there be everybody acquiring identical rss concern? Anybody who knows kindly respond. Thnkx 749287
247678 484749hey was just seeing should you minded a comment. i like your site and the theme you picked is super. I will likely be back. 805883
738550 871446Youre so cool! I dont suppose Ive learn something like this before. So nice to search out any person with some exclusive thoughts on this subject. realy thank you for starting this up. this web website is one thing thats necessary on the net, someone with a bit of originality. beneficial job for bringing something new to the internet! 950849
287240 987426truly excellent post, i certainly enjoy this site, keep on it 828203
648734 385150Hey mate, .This was an exceptional post for such a hard topic to speak about. I appear forward to seeing several more excellent posts like this one. Thanks 178193
832345 833640There is noticeably a bundle comprehend this. I suppose you produced specific good points in functions also. 962234
146604 738186Actually nice style and style and superb content material , nothing at all else we require : D. 47732
956452 822575Considerably, the story is in reality the greatest on this noteworthy topic. I agree along with your conclusions and will eagerly watch forward to your next updates. Saying nice 1 will not just be sufficient, for the fantastic clarity within your writing. I will immediately grab your rss feed to stay privy of any updates! 107378
827841 126419Id should talk with you here. Which is not some thing I do! I spend time reading an article that could get people to feel. Also, appreciate your permitting me to comment! 78426
559738 18609jobs for high school students – Search for Jobs on our website, we provide several excellent links to the very best and biggest Portals to acquiring a Job as a high school student! 664834
90508 123140hello!,I genuinely like your writing extremely a great deal! percentage we maintain up a correspondence extra about your article on AOL? I want an expert on this location to unravel my difficulty. Might be that is you! Taking a look forward to peer you. 23758
Outstanding post however I was wondering if you could write a litte more on this topic?
I’d be very thankful if you could elaborate a little
bit further. Thanks!
The GENICA was funded by the Federal Ministry of Education and Research BMBF Germany grants 01KW9975 5, 01KW9976 8, 01KW9977 0 and 01KW0114, the Robert Bosch Foundation, Stuttgart, Deutsches Krebsforschungszentrum DKFZ, Heidelberg, the Institute for Prevention and Occupational Medicine of the German Social Accident Insurance, Institute of the Ruhr University Bochum IPA, Bochum, as well as the Department of Internal Medicine, Evangelische Kliniken Bonn gGmbH, Johanniter Krankenhaus, Bonn, Germany does viagra raise blood pressure
290014 68050Taylor Lautner By the way you might want to check out this cool website I found 808622
I keep it next to my regular pillow so I can roll over on to it if I get too hot cialis without a prescription are thinking
639340 867356Hi. Thank you for making this internet site . I m working on betting online niche and have located this site making use of search on bing . Will probably be certain to look far more of your content material . Gracias , see ya. :S 75544
Have you ever considered publishing an e-book or
guest authoring on other blogs? I have a blog based upon on the same
ideas you discuss and would love to have you share some stories/information. I know my visitors would value your work.
If you’re even remotely interested, feel free to shoot me
an email.