Clariant Q2 2018-19 Profit Up by 16 Point 1 Percentage

11/1/2018

  • The Board has declared an Interim Dividend of Rs. 5/- per share (50%) for financial year 2018-19.

Mumbai, November 01, 2018: Clariant Chemicals (India) Limited, India's leading specialty chemicals producer, reported sales of Rs. 256 crore, for the quarter ended September 30, 2018, as against Rs. 244 crore on comparable basis for the corresponding quarter of the previous year.

The Board has declared an Interim Dividend of Rs. 5/- per share (50%) for financial year 2018-19.

The Company reported sales of Rs. 521 crore, in the first half of 2018-19, as against Rs. 502 * crore for the corresponding half of the previous year.
 

“The Company’s initiatives to upgrade its product portfolio is paying dividends, despite the uncertainties like the depreciating rupee and a surge in crude oil prices,” explained Adnan Ahmad, VC&MD Clariant Chemicals (India) Limited.


The reported extract of the financial result is as follows:
 
Particulars
(Rupees in Crores)
3 months ended Sept 30, 2018 3 months ended Sept 30, 2017 6 months ended Sept 30, 2018 6 months ended Sept 30, 2017
Revenue from operations 256 244 521 502*
Profit from operations 7.6 6.5 22.9 4.3
* reported sales Rs. 502 crores is excluding excise duty Rs. 20 crores

 

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