India’s Chemcon Speciality Chemicals Reports 77.5% Net Profit Growth for Q3 YoY FY20-21

Chemcon Speciality Chemicals Limited, an Indian specialty chemicals manufacturer announced its results for the third quarter ended December 31, 2020. Q3 Results- QoQ The company’s net profit increased 5.71% to Rs 16.47 crores ($2.3 million) for the period ended December 31, 2020 as against net profit of Rs 15.58 crores ($2.1 million) for the previous … Read more

Privi Speciality Chemicals Reports 40.2% Net Profit Decline for Q3 YoY FY20-21

Privi Speciality Chemicals Limited (formerly Fairchem Speciality Ltd), an Indian specialty chemicals manufacturer announced its results for the third quarter ended December 31, 2020. Q3 Results- QoQ The company’s net profit increased 10.8% to Rs 18.82 crores ($2.6 million) for the period ended December 31, 2020 as against net profit of Rs 16.98 crores ($2.3 … Read more

UPL Reports 13.7% Net Sales Growth for Q3 YoY FY20-21

UPL Ltd., an Indian fertilizer manufacturer announced its results for the third quarter ended December 31, 2020. Q3 Results- QoQ The company’s net profit increased 75.79% to Rs 944 crores ($129.6 million) for the period ended December 31, 2020 as against net profit of Rs 537 crores ($73.7 million) for the previous quarter. Net sales … Read more

Indian Oil Corp Petrochemicals Segment YoY Sales Grew 33% for Q3 FY20-21

Indian Oil Corporation Ltd. (IOCL), one of India’s largest petrochemicals manufacturer announced its results for the third quarter ended December 31, 2020. Petrochemicals Segment Q3 Results- QoQ The segment’s profit before taxes (PBT) grew 75.74% to Rs 1,720.96 crores ($235.9 million) for the period ended December 31, 2020 as against PBT of Rs 979.26 crores … Read more

Navin Fluorine Reports 25.1% Net Profit Growth for Q3 YoY FY20-21

Navin Fluorine International Ltd., an Indian organo-fluorine chemicals manufacturer announced its results for the third quarter ended December 31, 2020. Q3 Results- QoQ The company’s net profit fell 12.4% to Rs 56.44 crores for the period ended December 31, 2020 as against net profit of Rs 64.42 crores for the previous quarter. Net sales dropped … Read more

SRF Reports 16% Revenue Growth for Q3 YoY FY20-21

SRF Limited., an Indian chemicals & allied manufacturer announced its results for the third quarter ended December 31, 2020. Q3 Results- QoQ The company’s net profit increased 2.7% to Rs 324.25 crores for the period ended December 31, 2020 as against net profit of Rs 315.68 crores for the previous quarter. Net sales grew 2.17% … Read more

Reliance Industries Spins Off O2C Business, New Entity Reports 10% Growth QoQ

Reliance Industries Ltd has completed spin-off of the firm’s oil-to-chemical business into a new unit that will help it pursue growth opportunities with strategic partnerships, the company has said. The oil-to-chemical (O2C) business unit holds Reliance’s oil refinery and petrochemical assets and retail fuel business but not upstream oil and gas producing fields such as … Read more

Asian Paints Reports 49% Net Profit Growth for Q3 QoQ FY20-21

Asian Paints Limited., an Indian paints and coatings manufacturer announced its results for the third quarter ended December 31, 2020. Q3 Results- QoQ The company’s net profit increased 49.1% to Rs 1238.34 crores for the period ended December 31, 2020 as against net profit of Rs 830.37 crores for the previous quarter. Net sales grew … Read more

DCM Shriram Reports 113.4% Net Profit Growth for Q3 QoQ FY20-21

DCM Shriram Limited., a chemicals manufacturer based in India announced its results for the third quarter ended December 31, 2020. Q3 Results- QoQ The company’s net profit increased 113.4% to Rs 252.55 crores for the period ended December 31, 2020 as against net profit of Rs 118.37 crores for the previous quarter. Net sales grew … Read more

UPL Reduces Gross Debt by $410 Million

UPL said the company has completed the pre-payment of US$410 million of 3.25% Senior Notes due October 2021. The pre-payment, which concluded on 28 December 2020, was done using the cash on its balance sheet, UPL said. This prepayment is in line with its commitment to reduce debt. UPL is committed towards deleveraging its balance … Read more

Indian Specialty Chemicals firm Anupam Rasayan files for IPO

Anupam Rasayan, a specialty chemicals manufacturer based in Gujarat India, has filed its draft red herring prospectus with the capital market regulator of India, SEBI for  Rs 760 crore ($103.3 million) initial public offering (IPO). Anupam Rasayan intends to use the proceeds mainly for debt repayment. The company has decided to reserve a portion for … Read more

Clariant Chemicals Reports Rs 191.8 Cr Net Profit for Q2 FY20-21

Clariant Chemicals Limited., an Indian subsidiary of specialty chemicals gaint Clariant AG announced its results for the second quarter ended September 30, 2020. Q2 Results- QoQ The company reported a net profit of Rs 191.8 crores for the period ended September 30, 2020 as against net profit of Rs 2.7 crores for the previous quarter. … Read more

Southern Petrochemicals Reports Rs 12.33 Cr Net Profit for Q2 FY20-21

Southern Petrochemicals Limited., a fertilizer manufacturer based in India announced its results for the second quarter ended September 30, 2020. Q2 Results- QoQ The company’s net profit dropped 7.6% to Rs 12.33 crores for the period ended September 30, 2020 as against net profit of Rs 13.34 crores for the previous quarter. Net sales grew … Read more

Ganesh Benzoplast Reports Rs 9.55 Cr Net Profit for Q2 FY20-21

Ganesh Benzoplast Limited., an organic chemicals manufacturer based in India announced its results for the second quarter ended September 30, 2020. Q2 Results- QoQ The company’s net profit dropped 33.1% to Rs 9.55 crores for the period ended September 30, 2020 as against net profit of Rs 14.27 crores for the previous quarter. Net sales … Read more

GAIL’s Petrochemicals Segment QoQ Sales Grew 37.9% for Q2 FY20-21

GAIL Ltd., state-owned petrochemicals manufacturer based in India announced its results for the second quarter ended September 30, 2020. Petrochemicals Segment Q2 Results- QoQ The segment’s net profit grew to Rs 176.31 crores for the period ended September 30, 2020 as against net loss of Rs 154.43 crores for the previous quarter. Net sales increased … Read more

Valiant Organics Reports 24.4% Net Profit Growth for Q2 QoQ FY20-21

Valiant Organics Limited., a specialty chemicals manufacturer based in India announced its results for the second quarter ended September 30, 2020. Q2 Results- QoQ The company’s net profit increased 24.4% to Rs 30.7 crores for the period ended September 30, 2020 as against net profit of Rs 24.68 crores for the previous quarter. Net sales … Read more

Indo Amines Reports 69.2% Net Profit Growth for Q2 YoY FY20-21

Indo Amines Limited., a manufacturer of organic amine-based fine chemicals, specialty and performance chemicals announced its results for the second quarter ended September 30, 2020. Q2 Results- QoQ The company’s net profit increased 165% to Rs 6.65 crores for the period ended September 30, 2020 as against net profit of Rs 2.51 crores for the … Read more

SRF Reports 78% QoQ Net Profit Growth for Q2 FY20-21

SRF Limited., an industrial and specialty intermediates manufacturer announced its results for the second quarter ended September 30, 2020. Q2 Results- QoQ The company’s net profit increased 78% to Rs 315.2 crores for the period ended September 30, 2020 as against net profit of Rs 177.09 crores for the previous quarter. Net sales grew 36% … Read more

Chemcon Reports 76.4% QoQ Net Profit Growth for Q2 FY20-21

Chemcon Speciality Chemicals Limited., a speciality chemicals manufacturer announced its results for the second quarter ended September 30, 2020. Q2 Results- QoQ The company’s net profit increased 76.4% to Rs 15.58 crores for the period ended September 30, 2020 as against net profit of Rs 8.83 crores for the previous quarter. Net sales grew 34.1% … Read more

Transpek Industry Reports 96% Drop in YoY Net Profit Growth for Q2 FY20-21

Transpek Industry Limited., a sulphur-chlorine based chemicals manufacturer announced its results for the second quarter ended September 30, 2020. Q2 Results- QoQ The company’s net profit declined 85% to Rs 0.57 crores for the period ended September 30, 2020 as against net profit of Rs 3.77 crores for the previous quarter. Net sales grew 1% … Read more