Vinati organics q4 results: profit rises on margin improvement but revenue falls

Vinati Organics Ltd. reported mixed consolidated earnings for the quarter ended March 31, 2026, with a marginal rise in profit despite lower revenue during the period.

Revenue from operations for Q4 FY26 stood at ₹603.92 crore, declining 6.87% year-on-year (YoY) from ₹648.46 crore reported in the corresponding quarter last year. Total income came in at ₹624.31 crore compared to ₹654.62 crore in Q4 FY25.

Profit after tax for the quarter increased slightly to ₹123.86 crore from ₹123.04 crore reported a year ago.

At the operating level, EBITDA declined to ₹170.29 crore in Q4 FY26 from ₹180.42 crore in the corresponding quarter last year. However, EBITDA margin improved to 28.20% from 27.82% in Q4 FY25.

Total expenses during the quarter declined to ₹464.11 crore compared to ₹490.72 crore in the year-ago period, aided by lower raw material and power & fuel costs.

Finance costs stood at ₹0.02 crore during the quarter against ₹0.16 crore in Q4 FY25, while depreciation and amortisation expenses increased to ₹30.46 crore from ₹22.52 crore.

Profit before tax came in at ₹160.20 crore compared to ₹163.90 crore in the corresponding quarter last year. Earnings per share (EPS) stood at ₹11.95 against ₹11.87 in Q4 FY25.

For the full financial year FY26, the company reported revenue from operations of ₹2,226.89 crore and net profit from continuing operations of ₹443.74 crore.

Vinati Organics manufactures specialty chemicals and organic intermediates used across industries including pharmaceuticals, polymers, paints, coatings and personal care.