Oriental Carbon and Chemicals Ltd, a chemicals manufacturer based in India announced its results for the final quarter & year ended March 31, 2021.
Q4 Results
The company’s net profit grew 66.5% to Rs 27.75 ($3.7 million) for the period ended March 31, 2021 as against a net loss of Rs 16.67 crores ($2.3 million) for the period ended March 31, 2020.
Net sales grew by 22.5% to Rs 121.12 crores ($16.4 million) during the period ended March 31, 2021 as compared to Rs 98.89 crores ($13.4 million) during the period ended March 31, 2020.
Full-Year Results
For the full-year period ended March 31, 2021, the company’s net profit increased by 8% to Rs 78.99 crores ($10.7 million) as against Rs 73.13 crores ($9.9 million) for the full-year period ended March 31, 2020.
The company’s net sales grew 3% to Rs 386.5 crores ($52.2 million) during the full-year period ended March 31, 2021 as compared to Rs 397.36 crores ($53.6 million) during the full-year period end-ed March 31, 2020.
The company is primarily engaged in manufacturing and trading of insoluble sulphur and sulphuric acid.