Sanginita Chemicals Limited net revenue from operations of the company for FY 2021-22 has increased from Rs. 164.66 crore to Rs. 198.07 crore however profitability of the company decreased by 54.37% and reached to Rs. 34.80 lakh from Rs. 76.26 lakh in FY 2020-21 mainly due to continued and prolonged effects of COVID-19 and its economic effects resulting in volatility and uncertainty.

The company is engaged mainly in production of Cuprous Chloride, Copper Sulphate and Cupric Chloride. The installed manufacturing capacity of the following three major products viz. Cuprous Chloride, Copper Sulphate and Cupric Chloride continue to remain as 6,000 MT/p.a., 5.400 MT/p.a. and 800 MT/p.a. respectively.

Sanginita products are widely used in dyes and pigment industries, paint industries, pharmaceuticals industries, electroplating industries, metal extraction industries and ink, carbon paper, PVC pipe coating industries etc.

The company is currently supplying the products in India including supply to merchant exporters. However, since the last couple of years, the company has also started exporting all these products.

Talking about the company, Dineshsinh B. Chavada, Chairman & Managing Director, Sanginita Chemicals Limited said, "The COVID-19 pandemic and its effects resulted in the slowdown in the production and profitability of company during FY 2021-22 due to continued and prolonged effects post COVID-19, continued Ukraine war etc., There has been economic effects resulting into volatility and uncertainty however, if such adverse impacts get stabilized and/or subsided, the same may be expected to result into normal business operations in the years to come."

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