BASF India Limited (BSE code: 500042) registered sales of Rs. 16,271.1 million for the quarter ended June 30, 2018, representing an increase of 8%* over the corresponding quarter of the previous year.

The company reported profit after tax of Rs. 244.5 million as compared to profit after tax of Rs. 6.8 million in the corresponding quarter of the previous year.  

"A good monsoon led to sales and profit growth in our agricultural business segment. We saw positive volume growth in multiple business units, however crude oil and exchange rate volatility impacted our margins in certain business divisions. We aim to continue our profitable growth by implementing measures for resource optimization, portfolio management and operational efficiency," said Dr. Raman Ramachandran, Chairman and Managing Director, BASF India Limited.

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