LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » Small Business News

Yasho Industries adds 2,500 tonne/yr capacity in Gujarat plant

Yasho Industries is a leading manufacturer of aroma, antioxidants, rubber chemicals, specialty chemicals and lube additives. It is a BSE SME listed company and launched its initial public offer in March 2018, to raise Rs 29 crore.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Yasho Industries adds 2,500 tonne/yr capacity in Gujarat plant
Yasho Industries is a leading manufacturer of aroma, antioxidants, rubber chemicals, specialty chemicals and lube additives, Photo: yashoindustries.com
Written By: PTI
Updated: Tue, Jun 11, 2019
01:51 pm
New Delhi, PTI
RELATED NEWS
Coworking space: Real estate business thrives on rising foreign MNCs' demand Coworking space: Real estate business thrives on rising foreign MNCs' demand
SME export can touch new heights but first these issues should be addressed SME export can touch new heights but first these issues should be addressed
Startup India effect: Co-working space business gaining momentum among overseas MSMEs Startup India effect: Co-working space business gaining momentum among overseas MSMEs
Standup time for startup India! Risers Accelerator says ready with booster shot- funding to knowledge Standup time for startup India! Risers Accelerator says ready with booster shot- funding to knowledge
Co-working space: The office space business is gaining traction among Indian startups Co-working space: The office space business is gaining traction among Indian startups

Yasho Industries, which is into speciality chemicals, Tuesday said it has completed Rs 40 crore expansion plan to increase manufacturing capacities by 2,500 tonnes per annum at its facility in Gujarat.

Yasho Industries is a leading manufacturer of aroma, antioxidants, rubber chemicals, specialty chemicals and lube additives. It is a BSE SME listed company and launched its initial public offer in March 2018, to raise Rs 29 crore.

The company said in a statement that it has completed "planned expansion of Rs 40 crore to its rubber chemicals & lube addictive manufacturing capacities."

Post-expansion, the total capacity stands at 8,000 tonnes, it added.

"After raising the money from the IPO, we have successfully completed our expansion program at our existing site in Vapi, Gujarat. We are very positive about the growing demand for our products, due to existing industrial & trade conditions in China," said Parag Jhaveri, MD of Yasho Industries.

The company achieved robust growth of 35 per cent year-on-year in revenues during the last fiscal at Rs 343.41 crore. Its net profit grew by 49 per cent to nearly Rs 12 crore.

"We already have significant presence in international markets like Europe, USA, Asia, Middle East, Latin America, Africa, Australia etc. With the additional capacities on stream we are poised to continue our growth trajectory and expanding our footprint in India and internationally," he said.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Small and Medium EnterpriseBSE
RELATED NEWS
Coworking space: Real estate business thrives on rising foreign MNCs' demand Coworking space: Real estate business thrives on rising foreign MNCs' demand
SME export can touch new heights but first these issues should be addressed SME export can touch new heights but first these issues should be addressed
Startup India effect: Co-working space business gaining momentum among overseas MSMEs Startup India effect: Co-working space business gaining momentum among overseas MSMEs
Standup time for startup India! Risers Accelerator says ready with booster shot- funding to knowledge Standup time for startup India! Risers Accelerator says ready with booster shot- funding to knowledge
Co-working space: The office space business is gaining traction among Indian startups Co-working space: The office space business is gaining traction among Indian startups

LATEST NEWS

7th Pay Commission latest news today: Central government employees alert! This premium is part of your allowance

Important news for BPCL investors: Anil Singhvi decodes Numaligarh stake sale, says set to get top valuation

Jack Ma loses title as China''s richest man after coming under Beijing''s scrutiny

IIFL Finance NCD issue: Opportunity to earn handsome money, Nirmal Jain tells Anil Singhvi in exclusive chat

LIVE: Gujarat Municipal Election Results 2021: BJP wins 803 seats - Check latest news updates, seat details here

Sara Ali Khan: My mother has gone through so much more than I have

Bitcoin : Microstrategy and Tesla are moving parts of their corporate treasuries into Bitcoin says CIti Research

PUBG Mobile update: PUBG Mobile New State game may not be launched in India?

Yes Bank Share Price: Experts unveil this money making strategy in this stock

Gold price outlook: Government debt has turned out to be a more attractive bet for investors of late

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved