Oriental Carbon & Chemicals Limited Announces Audited Standalone Financial Results for the Year Ended March 31, 2018
July 03, 2018 at 03:03 am EDT
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Oriental Carbon & Chemicals Limited announced audited standalone financial results for the year ended March 31, 2018. For the quarter, on standalone basis, the company’s gross revenue from operations was INR 3,320.251 million against INR 3,106.194 million a year ago. Total revenues were INR 3,375.704 million against INR 3,172.190 million a year ago. Profit before tax was INR 796.331 million against INR 747.171 million a year ago. Profit for the period was INR 567.501 million or INR 55.12 per basic and diluted share against INR 541.737 million or INR 52.62 per basic and diluted share a year ago. Net cash generated from operating activities was INR 865.926 million compared to INR 771.349 million a year ago.
Oriental Carbon & Chemicals Limited is an India-based company, which is engaged in manufacturing of insoluble sulfur. The Company's segments include Chemicals and Investments. The Companyâs insoluble sulfur includes regular grades, high stability grades and special grades. Its regular grades are Diamond Sulf OT-10, Diamond Sulf OT-20 and Diamond Sulf OT-33. Its high stability grades are diamond Sulf OT-10 HS, Diamond Sulf OT-20 HS and Diamond Sulf OT-33 HS. Its special grades are Diamond Sulf OT-20 HD and Diamond Sulf OT-25 AS. The Company manufactures commercial grade, battery grade sulfuric acid and Oleum. The Companyâs sulfuric acid is used as a dehydrating agent, catalyst and active reactant in chemical processes, solvents, and absorbents. Its battery grade is used in storage batteries, rayon, dye, acid slurry and pharmaceutical applications. Its commercial grade is used in the manufacturing of steel, heavy chemicals, and super-phosphates.