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Somaiya Organics (India) Limited
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Business Profile
Somaiya Organics (India) (ZSOMIAYO), incorporated in 1964, has been engaged in the manufacture of chemicals. The company is part of the Somaiya group of companies including The Godavari Sugar Mills, Somaiya Organo Chemicals, The Kutch Salt & Allied Industries, Somaiya Publications, and Somaiya Agencies.

Located in the Barabanki and Captainganj districts of Uttar Pradesh, the manufacturing facilities developed capacity to produce organic chemicals like ethyl acetate and rectified spirit. The company is suspended from the BSE on account of noncompliance with listing agreement clauses.

The registered office is located at Somaiya Nagar, Dewa Road, Barabanki-225123, Uttar Pradesh.

Somaiya Organics (India) reported a drop in standalone net profit for the year ended March 2006. During the year, the profit of the company declined 83.63% to Rs 1.77 million from Rs 10.81 million in the same quarter last year.
Net sales for the year declined 23.89% to Rs 328.44 million, while total income for the year dipped 19.13% to Rs 362.34 million, when compared with the prior year period.
The company posted an earnings per share of Rs 1.43 for the year ended March 2006.

In Brief

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