“We closed our offices and laboratories across the country on March 16, well before the national lockdown, as we wanted to be abundantly cautious with managing the Covid-19 risk at the workplace. Subsequently, we closed our plants as well. However, we started manufacturing gradually to bolster the essential services sectors to support the country to cope with the pandemic. The financial performance of the company was impacted in the first quarter (April – June) 2020-21 by this disruption caused by COVID-19, although there were definite signs of recovery towards the end of the Q1FY20/21. Our continued strong focus on Excellence in Execution has given us the resilience to stay profitable, reduce costs and manage cash to prepare us to weather this storm,” said Adnan Ahmad, Vice Chairman & Managing Director, Clariant Chemicals (India) Limited.
|Particulars||3 months ended June 30, 2020||3 months ended June 30, 2019|
|Sales from continuing operations||128.9||209.8|
|Sales from discontinued operations||42.4||86.0|
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