Net profit of Vinati Organics rose 106.59% to Rs 64.25 crore in the quarter ended June 2018 as against Rs 31.10 crore during the previous quarter ended June 2017. Sales rose 43.56% to Rs 264.75 crore in the quarter ended June 2018 as against Rs 184.42 crore during the previous quarter ended June 2017.

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The result was announced during trading hours today, 6 August 2018.

Meanwhile, the S&P BSE Sensex was up 175.16 points, or 0.47% to 37,731.32.

On the BSE, 36,000 shares were traded in the counter so far compared with average daily volumes of 1,409 shares in the past two weeks. The stock had hit a high of Rs 1141.80 so far during the day, which is also a record high for the counter. The stock had hit a low of Rs 993 so far during the day. The stock hit a 52-week low of Rs 760.05 on 28 February 2018.

Vinati Organics is a specialty chemical company, focusing on manufacturing specialty chemicals and organic intermediaries.

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Vinati Organics will hold a meeting of the Board of Directors of the Company on 6 August 2018, to consider and approve To consider & approve unaudited financial results for the quarter ended 30.06.2018

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Vinati Organics announced that the Annual General Meeting (AGM) of the company will be held on 28 July 2018.

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