Ami Organics’ Q4FY25 revenue stood at INR 3,085 Mn, up 37.1% YoY (+12.2% QoQ), above our estimates (+9.7%), led by significant growth in Advanced Intermediates segment. EBITDA came in at INR 850 Mn., up by 96.8% YoY (+23.7.0% QoQ), above our estimates (+9.7%) due to better-than-expected revenue.