The company posted a 116 per cent growth in its consolidated net profit at Rs 152 crore for fiscal 2021-22
Surat-based Anupam Rasayan India will raise funds for an aggregate amount not exceeding Rs 800 crore through the issue of equity shares by way of a qualified institution’s placement (QIP), under the relevant provisions of applicable laws and subject to the approval of the company’s shareholders and receipt of applicable regulatory approvals.
The company has posted a 116 per cent growth in its consolidated net profit at Rs 152 crore for fiscal 2021-22. The company’s revenues grew 31 per cent during the fiscal year at Rs 1,066 crore against Rs 810 crore in FY 2021. Net profit in the fourth quarter more than doubled and reached Rs 46.102 crores as against Rs 22.144 crores last year.
