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Clariant Q3 2017-18 sales grow by 13.4%

By Niranjan Mudholkar,

Added 13 February 2018

The continued businesses (Plastics and Coatings segment) grew by 15.4% for the quarter.

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Clariant Chemicals (India) Limited, India's leading specialty chemicals producer, reported sales of Rs. 263 crore, for the quarter ended December 31, 2017, as against Rs. 232 crore on comparable basis for the corresponding quarter of the previous year. The continued businesses (Plastics and Coatings segment) grew by 15.4% for the quarter.

The Company reported sales of Rs. 770 crore, in the nine month of 2017-18, as against Rs. 727 crore for the corresponding nine months of the previous year. The sales for the continued businesses (Plastics and Coatings segment) grew by 8.4%.

“The strong growth in sales and continued focus on cost optimization has helped to improve the profitability,” explained Adnan Ahmad, VC&MD Clariant Chemicals (India) Limited.

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