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FY22 performance update: Yasho Industries Limited

Yasho Industries Ltd, a leading Indian speciality as well as fine chemicals manufacturer & supplier, has released its audited financial statements for the quarter and year ended March 31, 2022.

Kaustubh Bhosale 0 586 Article rating: 5.0

The total revenue for the year stood at Rs 624.1 crore, up by 68.9 per cent from the previous year. In FY22, the company raised its sales volume by 43.3 per cent while increasing the EBITDA margin by 100 basis points. Rubber chemicals, lubrication additives, speciality chemicals, etc. are gaining massive popularity. Its export company has contributed 64 per cent of sales and is still growing. This was largely due to the outstanding quality of the company's products and long-term ties with its key customers. The company witnessed a significant margin pressure this quarter, as a result of unpredictable raw materials pricing, rising energy, and freight expenses.

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