Jubilant Ingrevia: Superlative Quarter
Moneylife Digital Team 21 July 2021
Jubilant Ingrevia Ltd (JIL) has started FY21-22 on a high note. In the June quarter, JIL registered its highest-ever quarterly revenue, a jump of 55% y-o-y (year-on-year), driven by robust growth in volumes and prices. Not only did revenues rise but operating profit doubled, even though acetic acid price, a major raw material, reached an all-time high. Operating margins escalated to 25% in...
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