Vinati Organics reported a Q2FY25 topline of Rs 5.53 billion, marking a 19.5% YoY and 5.4% QoQ growth, with a 20% revenue growth guidance for FY25. The ATBS product line contributed 36% of total revenue, while the antioxidants segment is expected to double in FY25. The company is on track with key projects, including ATBS expansion and new product launches, leading to an 'Accumulate' rating with a target price of Rs 2,055.
