Meghmani's Q4 agchem sales more than double

摘要

Indian company Meghmani Organics registered agrochemical sales of Rs 6,057 million($79.2 million at the current rate)for its fourth quarter ended March 31st 2022,clocking over double the revenues compared with last year's corresponding quarter.Consolidated sales of the company increased by 77.1% to settle at Rs 8,134 million($106.3 million),with agrochemicals expanding their share in revenues to 74.5%(65.2% during last year's corresponding period).The agrochemical division delivered a nearly three-fold increase in earnings before interest,tax,depreciation and amortisation(EBITDA)to Rs 1,308 million($17.1 million),while the EBITDA margin improved to 21.6%(15.7%).