Clariant records Sales of Rs. 1014 crore for year ended March 2018
- Net Sales for the 12 months ended March 2018 grew by 3.4%
- Board recommends a Final Dividend of Rs. 5/- per share (50%)
Mumbai, May 16, 2018 – Clariant Chemicals (India) Limited, India’s leader in specialty chemicals, today announced its financial results for the year ended March 31, 2018.
The Net Sales for the 12 months ended March 31, 2018, stood at Rs. 1014 crore as against the reported sales of Rs. 981 crore for the period ended March 31, 2017. The Company registered a growth of 3.4% for the 12 months, as against the same period last year.
The Company’s Profit before tax stood at Rs. 33.4 crore for the 12 months ended March 31, 2018 as compared to Rs. 36.3 crore for the period ended March 31, 2017.
The Board has recommended a Final Dividend of Rs. 5/- per share (50%).
For the quarter ended March 31, 2018, the Net Sales was at Rs. 244 crore as against Rs. 254 crore. The Profit from operations stood at Rs. 1.9 crore for the quarter ended March 31, 2018 as against Rs. 10.2 crore in the same period last year.
The Company continues its focus on raw material and cost management, site optimization, targeting new markets and introducing innovative products in its drive for sustainable growth.
For more details and the reported extract of the financial result, please download the PDF of the press release.