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Fibre2Fashion
28-07-2025
- Business
- Fibre2Fashion
VJTI inaugurates sustainability centre; rolls out course, events
Veermata Jijabai Technological Institute (VJTI) is proud to announce a season of purposeful events that reflect the institute's enduring commitment to innovation, sustainability, and academic excellence. VJTI has inaugurated the Centre for Sustainable Chemistry & Engineering on July 25, 2025, in collaboration with Archroma and its alumni. The institute has also launched a course on sustainability. Industry leaders like Anjani Prasad, Sunil Chari, and Ulhas Nimkar led sessions on sustainability, leadership, and entrepreneurship, inspiring students and faculty alike. Inauguration of the Centre for Sustainable Chemistry & Engineering On July 25, 2025, VJTI celebrated the inauguration of the Centre for Sustainable Chemistry & Engineering, a flagship CSR initiative led by Archroma (India ) Pvt Ltd . Executed in close collaboration with the VJTI Alumni Association, this landmark achievement was shaped through the leadership of Mr. Anjani Prasad- Vice President South Asia , Global Head of Innovation for Dyes and coating - ARCHROMA | Co- chair Asso-chem | Chaiman | SDC EC , Director ITTA , Dr. Sachin Kore – Director of VJTI, and Mr. Sunil Chari – Distinguished Professor of Practice at VJTI and Managing Director of Rossari Biotech Ltd. & Dr Sujatha Parmeswaran -HOD Department of Technical & Applied Chemistry. This center is more than brick and mortar—it is a testament to the institute's vision for a future anchored in sustainable development, cutting- edge education, and cross-sectoral collaboration , designed to foster hands-on learning and experimentation. Additionally, Department of Technical & Applied Chemistry - VJTI introduced a dedicated open elective course on Sustainability, empowering students to explore critical environmental topics and equipping them to be changemakers in their respective fields. 'This initiative is not just about infrastructure—it embodies our collective commitment to shaping tomorrow's leaders through sustainability and innovation.' — Mr. Anjani Prasad Session on 'Fundamentals of Sustainability' – Mr. Anjani Prasad Mr. Prasad also led an engaging session titled 'Fundamentals of Sustainability', sparking meaningful dialogue among students and faculty on integrating sustainable practices across industry and academia. His insights challenged traditional paradigms and encouraged proactive thinking around responsible growth and long-term impact. Catalytic interaction & Session ' Entrepreneurship Unveiled: Bridging Vision and Action – Lessons for Future Founders ' by Mr. Sunil Chari Mr. Chari's energetic interaction with students further enriched the institute's evolving narrative of industry-academia synergy. His authentic, inspiring approach fostered enthusiasm and clarity around career pathways, scientific inquiry, and entrepreneurial spirit. Enlightening Perspectives Sustainability from Mr. Ulhas Nimkar. In a memorable session, Mr. Ulhas Nimkar from - NimkarTek Technical Services Pvt. Ltd emphasized the value of strategic leadership embedded in environmental consciousness. His clarity of thought and vision encouraged reflection among attendees, inspiring new directions for faculty and students alike. 'These initiatives stand as a collective expression of what our department strives to be—a forward-looking, inclusive space for innovation and education.' - Department of Technical & Applied Chemistry & CHEMSA – VJTI Alumni Association Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged. ALCHEMPro News Desk (HU)
Business Standard
21-07-2025
- Business
- Business Standard
Rossari Biotech tumbles after Q1 PAT slides 4% YoY to Rs 34 cr
Rossari Biotech dropped 5.58% to Rs 701.35 after the company's consolidated net profit slipped 3.72% to Rs 33.60 crore in Q1 FY26 as against Rs 34.90 crore posted in Q1 FY25. However, revenue from operations jumped 11.04% to Rs 543.72 crore in the first quarter of FY26 as against Rs 489.65 crore posted in the corresponding quarter last year. Profit before tax stood at Rs 46.10 crore in the quarter ended 30 June 2025, down 1.89% as against Rs 46.99 crore recorded in Q1 FY25. Total expenses rose 12.50% to Rs 499.33 crore during the quarter. The cost of material consumed stood at Rs 334.40 crore (up 17.73% YoY), employee benefit expenses stood at Rs 37.46 crore (up 31.07%) and finance costs were at Rs 5.72 crore (up 55.43% YoY) during the period under review. EBITDA improved by 4.6% to Rs 67.9 crore in the quarter ended 30 June 2025 as compared to Rs 64.9 crore posted in the same quarter the previous year. EBITDA margin reduced to 12.5% in Q1 FY26 as against 13.3% recorded in Q1 FY25. Commenting on the performance, in a joint statement, Edward Menezes, promoter & executive chairman, and Sunil Chari, promoter & managing director, said, We delivered a steady performance in Q1 FY26, with topline growth driven by strong momentum in our HPPC and AHN segments. Despite a challenging and evolving operating environment, our core businesses continued to demonstrate resilience. Though our export business was lower compared to the last quarter, it has shown healthy growth over the last year. While overall growth remained healthy, we are confident that our continued efficiency initiatives and focused efforts on optimising the product mix will continue to drive growth over the coming quarters The HPPC and AHN divisions achieved a healthy growth of 16% and 12%, respectively, reflecting the dedicated efforts of our team in a challenging operating environment. We continue to expand our customer base, which is significantly contributing to our growth story. The HPPC segment remained the primary growth driver, supported by deeper market penetration and traction across agrochemicals, personal care, institutional and consumer business. Our ongoing capacity expansion projects across verticals are progressing in a phased manner, with commissioning scheduled over the coming quarters. These strategic investments are aimed at enhancing manufacturing capabilities, improve supply chain agility, and strengthen our responsiveness to high-growth sectors such as personal care, agrochemicals, oil & gas and pharma. We believe these expansions will play a pivotal role in unlocking meaningful value and driving the next phase of our growth journey. Looking ahead, we remain committed to execution excellence, customer-led innovation, and sustainable value creation. Supported by a robust balance sheet, a strong R&D foundation, and our ongoing capacity expansion initiatives, we are well-positioned to navigate near-term challenges and deliver consistent, profitable growth for all stakeholders. Rossari Biotech is a specialty-chemicals manufacturer providing intelligent and sustainable solutions for customers across industries. Headquartered in Mumbai, India, the company operates strategically located manufacturing facilities at Silvassa and Dahej. The company offers tailor-made solutions for Home, Personal Care and Performance Chemicals (HPPC); Textile Specialty Chemicals; and Animal Health and Nutrition (AHN). With differentiated product offerings, Rossari caters to an array of applications across FMCG, home care, industrial cleaning, personal care, textile specialty chemicals, performance chemicals, animal health and nutrition, and pet care businesses. The company has an extensive and dedicated network of distributors spread all over India.
Business Standard
28-04-2025
- Business
- Business Standard
Rossari Biotech Q4 PAT rises to Rs 34 crore in FY25
Rossari Biotech's consolidated net profit rose marginally to Rs 34.44 crore in Q4 FY25 as against Rs 34.13 crore posted in Q4 FY24. However, revenue from operations jumped 22.60% to Rs 579.56 crore in the fourth quarter of FY25 as against Rs 472.72 crore posted in the corresponding quarter last year. Profit before tax stood at Rs 47.71 crore in the quarter ended 31 March 2025, up 4.69% as against Rs 45.57 crore recorded in Q4 FY24. Total expenses rose 24.79% to Rs 533.79 crore during the quarter. Cost of material consumed stood at Rs 369.77 crore (up 21.65% YoY), employee benefit expenses stood at Rs 35.48 crore (up 41.69%), and finance costs were at Rs 5.50 crore (up 118.25% YoY) during the period under review. EBITDA dropped 9.27% to Rs 69.5 crore in the quarter ended 31 March 2025 as compared to Rs 63.6 crore posted in the same quarter the previous year. EBITDA margin reduced to 12% in Q4 FY25 as against 13.5% recorded in Q4 FY24. On a full-year basis, the company's consolidated net profit rose 4.35% to Rs 136.38 crore on 13.64% rise in revenue to Rs 2,080.29 crore in FY25 over FY24. Commenting on the performance, in a joint statement, Edward Menezes, promoter & executive chairman, and Sunil Chari, promoter & managing director, said, We concluded the year with a steady performance, navigating a soft and evolving operating environment. Revenues grew by 14% driven by healthy export momentum and resilient volumes across key categories. The HPPC segment remained the primary growth driver, supported by deeper market penetration and strong traction across agrochemicals, personal care, institutional and consumer business. The TSC and AHN segments recorded modest revenue growth, contributing positively to the overall performance. We remain optimistic about their medium-to-long-term potential, supported by ongoing portfolio optimization efforts Export markets continued to perform well during the year, validating our strategic investments in global partnerships and differentiated solutions. We are also encouraged by the growing momentum in emerging verticals such as institutional cleaning and B2C businesses, which reflect our ability to build scalable, value-added platforms aligned with evolving customer needs. We continue to invest in capacity enhancement to strengthen our growth foundation and are pleased to announce an additional capex of Rs 97 crore for expansions at our subsidiaries, Unitop Chemicals and Tristar Intermediates, along with Rs 95 crore at Rossari Biotech. These projects, expected to be commissioned in a phased manner by Q4 FY26, are aimed at supporting growth across our key chemistries, improving operational efficiency, and enhancing supply reliability. Our previously announced expansion projects are progressing well, with commissioning expected by Q2 FY26. With these capacity additions, we are well-positioned to meet growing demand across end-user industries. Looking ahead, we remain focused on delivering sustainable, profitable growth through sharp execution, customer-centric innovation, and strategic diversification. Supported by a strong balance sheet, an agile business model, and a growing global footprint, we are confident in our ability to maintain healthy growth momentum in the coming years. Meanwhile, the companys board has declared a final dividend of Rs 0.50 per share each for the financial year ended 31 March 2025, which shall be paid/dispatched within 10 working days from the conclusion of the 16th Annual General Meeting, subject to approval of the members of the company. Rossari Biotech is a specialty chemical manufacturer and offers tailor-made solutions for home, personal care and performance chemicals (HPPC), textile speciality chemicals and animal health and nutrition (AHN). The counter shed 0.79% to Rs 693.25 on the BSE.
