Clariant Chemicals Q1 profits up by 20.3%; Sales grew by 11.9%
Mumbai, August 8, 2019 – Clariant Chemicals (India) Limited reported profit before tax of Rs. 18.4 crore for the quarter ended June 2019, as compared to profit before tax of Rs. 15.3 crore for the quarter ended June 2018 – a growth of 20.3%.
The Company reported sales growth of 11.9%, at Rs. 295.8 crore, for the quarter ended June 2019, as against Rs. 264.3 crore for the corresponding quarter in the previous year.
“Clariant has delivered a robust quarter with a relentless focus on costs, backed by a product portfolio powered by value added offerings. Clariant continues to execute its strategy to deliver shareholder value. Our ongoing emphasis on delivering strong financial results in the short term, while building a sustainable business for the future through excellence in Safety, Compliance and Customer Centricity continues,” explained Adnan Ahmad, Vice-Chairman & Managing Director.