Clari­ant Q1, 2018 profit grows

Chemical Industry Digest - - News & Views -

Clari­ant

Chem­i­cals ( In­dia) Ltd, In­dia’s lead­ing spe­cialty chem­i­cals pro­ducer, re­ported sales of ` 264 crore, for the quar­ter ended June 30, 2018, as against ` 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 ` 24.81 crore, as com­pared to ` 7.20 crore in the cor­re­spond­ing quar­ter of the pre­vi­ous year. The com­pany’s profit be­fore tax grew to ` 15.30 crore for quar­ter ended June 2018 as com­pared to loss be­fore tax of ` 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 Mr. Ad­nan Ah­mad, VC&MD Clari­antChem­i­cals (In­dia) Ltd.

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