Clariant Chemicals (India) Ltd.’s net sales for the quarter ended June 30, 2012, is up at Rs. 282.1 crores from Rs. 260.1 crores for the corresponding period of the previous year. Profit (before exceptional items) for the period stood at Rs. 44.1 crores (Rs. 43.7 crores). After considering the exceptional items and tax expenses, net profit amounted to Rs. 30.8 crores (Rs. 30.4 crores).
For the six-month period ending June 30, 2012, net sales rose from Rs. 488.3 crores to Rs. 521.4 crores, in comparison with the corresponding period of the previous year. Net profit for the period amounted to Rs. 62.5 crores (Rs. 253.9 crores).
The Board of Directors of the company has considered payment of an interim dividend of Rs. 10 per share for 2012.
Clariant has undergone a fundamental change in recent years. After successfully completing a restructuring phase, it has resolutely aligned itself for profitable growth. It wants to become the global leader in specialty chemicals – competitive, innovative, and sustainable – with outstanding value creation for all its stakeholders and partners.