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Clariant Chemicals profit grows by 121.2%

By Niranjan Mudholkar,

Added 17 February 2020

Reports sales growth of 10.1% for the nine months ended December 31, 2019

The sales from continuing operations grew by 10.1%, at Rs. 188.3 crores, for the quarter ended December 2019, as against Rs. 171.1 crores for the corresponding quarter in the previous year.

Clariant Chemicals (India) Limited reported sales from continuing operations of Rs. 587.8 crores for the nine months ended December 31, 2019, as compared to sales of Rs. 533.8 crores for the nine months ended December 31, 2018, signifying a growth of 10.1%.
The sales from continuing operations grew by 10.1%, at Rs. 188.3 crores, for the quarter ended December 2019, as against Rs. 171.1 crores for the corresponding quarter in the previous year.
The company reported profit before tax of Rs. 42.7 crores for the nine months ended December 31, 2019, as compared to profit before tax of Rs. 19.3 crores for the nine months ended December 31, 2018 - which signifies a growth of 121.2%.
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