INDORAMA Q2 : STANDALONE NET PROFIT UP 139% AT 55.05 CR (YOY), UP 63.1% (QOQ). STRONG (ON 1ST LOOK)

Revenue up 7% at 1,248.33 Cr (YOY), up 52.6% (QOQ). Ebitda up 19.6% at 85.15 Cr (YOY); margins 6.8% v 6.1% (YOY), 9.8% (QOQ). Earnings per share at ₹2.11 v ₹0.88 (YOY), ₹1.29 (QOQ). H1 net profit up 60.4% at 88.80 Cr (YOY), though H1 revenue down 12.1% at 2,066.24 Cr. Net cash generated from operating activities at 220.30 Cr in H1 v 48.41 Cr (YOY).

Indo Rama Synthetics (India) Limited

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