Quarter profit rises 26%, CFO appointed and Ankleshwar closure revoked

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Price reactionminutes from the announcement price · days from the prior close

+2.1%Reaction day

₹12700.00

prior close

₹12350.00

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+0.7%+1.4% vs market

Specialty Chemicals peers, median of 99sector+0.4%+1.7% vs sector

On the reaction day the stock moved 1.4 pts more than Nifty Microcap 250 and 1.7 pts more than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+2.1+0.7+1.4+0.4+1.7

Next day

+0.8pendingpending-1.8+2.6

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UpDownMarket · Nifty Microcap 250Sector · Specialty Chemicals peers, median of 99Pending

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AI summary

The board approved unaudited September-quarter results. Operating revenue rose 22.5% year on year to INR 265.31 crore and net profit rose 25.6% to INR 45.55 crore. Nine-month revenue was INR 770.87 crore and profit INR 147.49 crore. The Gujarat pollution regulator permanently revoked the 2019 Ankleshwar closure order. Supriya Bansal was appointed CFO and key managerial personnel. Rahul Pomal's HR role was expanded.

Likely market impact

Higher profit and revocation of the Ankleshwar closure order are positive; the new CFO may support financial discipline and growth.