Sudarshan Chemical Industries Limited Reports Earnings Results for the Second Quarter Ended September 30, 2019
November 04, 2019 at 06:24 am EST
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Sudarshan Chemical Industries Limited announced earnings results for the second quarter ended September 30, 2019. For the second quarter, the company announced total revenue was INR 4,013.330 million compared to INR 3,644.220 million a year ago. Net income was INR 462.100 million compared to INR 246.090 million a year ago. Basic earnings per share from continuing operations was INR 6.3 compared to INR 3.4 a year ago. Basic earnings per share was INR 6.7 compared to INR 3.5 a year ago. For the half year, total revenue was INR 7,986.440 million compared to INR 7,255.950 million a year ago. Net income was INR 889.150 million compared to INR 913.710 million a year ago. Basic earnings per share from continuing operations was INR 12.8 compared to INR 14.3 a year ago. Basic earnings per share was INR 12.7 compared to INR 13.1 a year ago.
Sudarshan Chemical Industries Limited is an India-based global color and pigment manufacturer. The Company is engaged in supplying pigments and solvent dyes for coatings, plastics, printing and digital printing, cosmetics, and special applications. The Company operates through two segments: Pigments, and Others. The Pigments segment produces and sells a range of organic, inorganic, effect pigments, and dispersions primarily for paints, plastics, inks, and cosmetics industries. The Others segment comprises of project engineering and manufacturing business of grinding solutions, clean air solutions, power handling solutions. It offers a complete palette of colors for everyday use, durable colors, and special effects. Its coatings applications include decorative, industrial, and automotive paints. The Companyâs brands include Sudaperm, Sudafast, Sudacolor, Sudajet, Sudatherm, Sudasol, Sudanyl, Sumica, Sumicos, Prestige, and Sudacos.
SUDARSHAN CHEMICAL INDUSTRIES LIMITED 
