Balaji Amines has announced its Q3 results, reflecting a mixed financial performance for the quarter ended December. While profitability moderated on a year-on-year basis, the company delivered steady revenue growth and a strong improvement in operating efficiency.
During the quarter, net profit declined by 5.4% year-on-year to ₹31.4 crore, compared with ₹33.2 crore in the corresponding period last year.
Revenue for the quarter rose 6% year-on-year to ₹331.3 crore, up from ₹312.7 crore in Q3 of the previous financial year.
Operating performance remained a key positive. EBITDA increased sharply by 24% year-on-year to ₹56.7 crore, compared with ₹45.7 crore in the year-ago quarter. This improvement translated into a notable expansion in EBITDA margin, which stood at 17.1% versus 14.6% last year, indicating better cost management and operational leverage.
