Get In Touch
  • Fb-icon
  • Top-linkdin
  • Top-twitter
  • Rss
img
Current Issue
section
logo

animation-neutral-tts-300x100' width='300' height='100' border='0

Clariant Q1 2018 profit grows to Rs.15.30 crore

By Niranjan Mudholkar,

Added 10 August 2018

The PBITDA for the quarter ended June 30, 2018, stood at Rs. 24.81 crore

clariant-logo

Clariant Chemicals (India) Limited, India’s leading specialty chemicals producer, reported sales of Rs. 264 crore, for the quarter ended June 30, 2018, as against Rs. 258 crore, on a comparable basis for the corresponding quarter of the previous year. The PBITDA for the quarter ended June 30, 2018, stood at Rs. 24.81 crore, as compared to Rs. 7.20 crore in the corresponding quarter of the previous year. The Company’s profit before tax grew to Rs. 15.30 crore for quarter ended June 2018 as compared to loss before tax of Rs. 2.30 crore for quarter ended June 2017. “Effective cost management and resource optimization, with a better product portfolio has enabled us to improve the profitability,” explained Adnan Ahmad, VC & MD Clariant Chemicals (India) Limited.

END

comments powered by Disqus