The Board has declared an Interim Dividend of Rs.5/- per share (50%) for financial year 2018-19
Mumbai, November 1, 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, 20183 months ended Sept 30, 20176 months ended Sept 30, 20186 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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Clariant AG published this content on 01 November 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 01 November 2018 15:04:05 UTC
Clariant AG is a Switzerland-based producer of specialty chemicals. It operates through three business areas: Care Chemicals, Catalysis, Natural Resources. The Business Area Care Chemicals serves customers in the personal care, home care, paints and coatings, and crop solutions markets. Business Area Catalysis offers catalytic and biofuel solutions. The Business Area Natural Resources offers products and customer-tailored solutions for mineral, foundry, oil, and gas extraction businesses, as well as for food, plastics, coatings, adhesives, and inks applications.
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