Clariant Chemicals India Ltd., an Indian subsidiary of Clariant AG has reported financial results for the period ended March 31, 2020.
Q4 Results
The company’s net profit rose by 93.33% to Rs 15.37 crores ($2 million) for the period ended March 31, 2020 as against Rs 7.95 crores ($1 million) for the period ended March 31, 2019.
Net sales dropped by 4.64% to Rs 178.29 crores ($23.4 million) during the period ended March 31, 2020 as compared to Rs 186.97 crores ($24.5 million) during the period ended March 31, 2019.
Full-Year Results
The company’s net profit rose by 173.22% Rs 50.71 crores ($6.6 million) for the full-year period ended March 31, 2020 as against Rs 18.56 crores ($2.4 million) for the full-year period ended March 31, 2019.
The company has reported net sales of Rs 774.78 crores ($101.5 million) during the full-year period ended March 31, 2020, a rise of 6.3% as compared to Rs 728.85 crores ($95.5 million) during the full-year period ended March 31, 2019.
The company has reported EPS of Rs 21.96 ($0.29) for the full-year period ended March 31, 2020 as compared to Rs 8.05 ($0.11) for the full-year period ended March 31, 2019.