Dynemic Product maintains steady growth in Q1

Hyderabad, Aug 1 (UNI) The food colours manufacturing company, Dynemic Product Limited, maintained a steady and sustained growth in the first quarter.

According to a press release here today, the company recorded a net sales income of Rs 769 lakh and a net profit after tax (PAT) of Rs 61.66 lakh, as per the unaudited results and the profit before tax totalled to Rs 87 lakh.

The sales income for exports continued to be higher at Rs 509 lakh and domestic sales income amounted to Rs 259 lakhs, the release added.

For the financial year ending March 31, this year, the company recorded a net sales income of Rs 2865 lakh and earned a net profit of Rs 365 lakh.

Dynemic, which went public recently had started implementation of its backward integration project in unit number one, the release added.

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