Hindcon Chemical compounds, a Kolkata-based chemical manufacturing firm, makes its method from NSE Emerge to the Most important Board of NSE.
Commenting on the event, Sanjay Goenka, Chairman & Managing Director, Hindcon Chemical compounds, mentioned: “Hindcon was constructed when the development chemical trade was in its nascent stage. Steady evolution, with sturdy ethics and sustainable enterprise practices, has helped us in attaining nice feats in a comparatively smaller timeframe. We take this chance to thank all our stakeholders for his or her relentless assist and we guarantee to proceed assembly expectations of all sooner or later too.”
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He additional added: “With an ever-expanding product portfolio and a long-term growth horizon, Hindcon has achieved one other benchmark by migrating to the principle buying and selling window of NSE. It’s definitely a proud second for your entire Hindcon household. Backed with environment-friendly methodologies, we pledge to uphold the curiosity of our clients foremost and mankind at giant, at all times and each time.”
“Additionally an energetic member of the Indian Inexperienced Constructing Council, Hindcon believes within the core ethos of making a secure and sustainable atmosphere. The corporate strives to maintain its enterprise approaches in step with one of the best inexperienced practices adopted throughout the globe. Hindcon Chemical compounds tries to make sure that the product lifecycle doesn’t intervene with our Mom Nature at any stage of its evolution. The corporate takes satisfaction in providing eco-friendly merchandise with decrease environmental affect,” the corporate assertion added.
The corporate has lately reported monetary outcomes for FY 2021, the place the consolidated PAT for FY 2021 has elevated by 59 per cent to Rs 4.52 crore as in opposition to Rs 2.84 crore in FY 2020.
Based mostly on the outcomes of FY 2021, the consolidated EPS of the corporate stood at Rs 5.89 per share as in comparison with Rs 3.71 within the prior monetary 12 months. With a wholesome cashflow in its stride, the corporate has develop into a debt-free firm.