Rossari Biotech Limited, a prominent manufacturer in the specialty chemicals sector, announced its financial performance for the second quarter of FY25. The company reported a steady rise in revenue and profits, showcasing its robust business strategy despite market challenges. The firm’s consolidated revenue from operations increased by 3.1% year-on-year, reaching INR 498.4 crore, up from […]
Rossari Biotech Limited, a prominent specialty-chemicals manufacturer, has unveiled its financial results for the quarter ending June 30, 2024, showcasing significant year-on-year growth across key metrics. This robust performance underscores the company’s strategic expansion and innovation in the specialty chemicals sector. Rossari Biotech’s Q1 FY25 results reveal a strong growth trajectory, driven by healthy volume […]
Rossari Biotech Limited, a leading Specialty-Chemicals manufacturer known for its intelligent and sustainable solutions across industries, has announced a significant increase in its financial performance for the quarter ended December 31, 2023. Demonstrating a robust year-on-year growth, the company’s revenues surged by 19% to Rs. 463.8 crore, while the Profit After Tax (PAT) experienced a […]
Rossari Biotech, an India-based Speciality-Chemicals manufacturer, showcased a remarkable Q2 FY24 performance with revenue from operations reaching Rs. 483.5 crore, up from Rs. 425.4 crore in Q2 FY23. EBITDA rose to Rs. 63.6 crore, while PAT increased significantly to Rs. 32.9 crore, marking a notable year-over-year growth. Promoters’ Statement on Q2 FY24 Results Edward Menezes, […]
Rossari Biotech, an Indian chemical manufacturing company, has completed its previously announced acquisition of a 65% stake in Unitop Chemicals Private Limited. The deal was announced in June 2021, under which Rossari Biotech would initially acquire the 65% stake and later on buy out the remaining 35% stake over the next couple of years. It […]
Rossari Biotech, a Mumbai-based specialty chemicals manufacturer, has agreed to acquire Tristar Intermediates in a deal that values the latter at INR 120 crores. Founded in 1998, Tristar Intermediates is engaged in manufacturing preservatives, aroma chemicals, and home and personal care additives at its distillation facilities. Tristar Intermediates, which is based in Thane, Maharashtra, caters […]
Rossari Biotech said that its board has sanctioned the acquisition of Unitop Chemicals, a Mumbai-based supplier of surfactants, emulsifiers, and specialty chemicals for INR 421 crores. The chemical manufacturing company said that 65% of the equity share capital of Unitop Chemicals will be acquired following the closing of the deal, while the balance of 35% […]