Chemplast Sanmar Redeems NCDs Worth Rs 1238.25 Cr

Chemplast Sanmar announced that it has redeemed, on 31st August 2021, the entire outstanding non-convertible debentures (NCDs) that were issued in December 2019 by the company. The redemption of these NCDs amounting to Rs 1238.25 crores ($169.5 million), which was part of the objects of the primary issue, was made using the net proceeds of … Read more

Anupam Rasayan Signs LOI worth Rs 135 Cr with Japanese Multinational

Anupam Rasayan India Ltd has received and signed Letter of Intent (LOI) amounting Rs 135 crore ($18.5 million) with a Japanese Multinational Chemical company for supplying a life science related speciality chemical product. The specialty chemicals firm will enter into a long-term contract with the Japanese multinational firm for next four years to supply this … Read more

Phillips Carbon Black Ltd Board Approves Fund Raising

Phillips Carbon Black Ltd announced that its Board of Directors at a meeting held on Friday, 27th August, 2021, have considered and approved the raising of funds for an aggregate amount not exceeding Rs 500 crores ($68.5 million). The company plans to raise funds through issue of securities by way of private placement or preferential … Read more

India’s Meghmani Finechem Reports 13% Rise in QoQ Q1FY21 Net Profit

Meghmani Finechem Ltd., a chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit grew 13% to Rs 36.95 crores ($5 million) for the period ended June 30, 2021 as against net profit of Rs 32.76 crores ($4.4 million) for the previous … Read more

India’s Meghmani Organics Reports 136.5% Rise in YoY Q1FY21 Net Profit

Meghmani Organics Ltd., a specialty chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit grew 90.3% to Rs 68.56 crores ($9.2 million) for the period ended June 30, 2021 as against net profit of Rs 36.02 crores ($4.8 million) for the … Read more

India’s Bodal Chemicals Reports 251.4% Rise in YoY Q1FY21 Net Profit

Bodal Chemicals Ltd., a dyes & chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit grew 27% to Rs 29.85 crores ($4 million) for the period ended June 30, 2021 as against net profit of Rs 23.57 crores ($3.2 million) for … Read more

Himadri Speciality Chemical India Reports 279% Rise in YoY Q1FY21 Net Profit

Himadri Speciality Chemical Ltd., a specialty chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit declined 36.5% to Rs 14.51 crores ($2 million) for the period ended June 30, 2021 as against net profit of Rs 22.84 crores ($3.1 million) for … Read more

India’s IOL Chemicals & Pharmaceuticals Reports Decline in Net Profit; Sets up New API Unit

IOL Chemicals and Pharmaceuticals Ltd., a chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit dropped 11% to Rs 67 crores ($9 million) for the period ended June 30, 2021 as against net profit of Rs 75.25 crores ($10.1 million) for … Read more

Clariant Chemicals India Reports 279% Rise in YoY Q1FY21 Net Profit

Clariant Chemicals (India) Ltd., a specialty chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit grew 30.5% to Rs 14.31 crores ($1.9 million) for the period ended June 30, 2021 as against net profit of Rs 10.97 crores ($1.5 million) for … Read more

India’s National Oxygen Reports 277% Rise in YoY Q1FY21 Net Profit

National Oxygen Ltd., an industrial gases manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit grew 303.5% to Rs 4.03 crores ($0.54 million) for the period ended June 30, 2021 as against net profit of Rs 0.99 crores ($0.13 million) for the … Read more

India’s Vishnu Chemicals Reports 6.5% Rise in QoQ Q1FY21 Net Profit

Vishnu Chemicals Ltd., a chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit grew 6.5% to Rs 11.58 crores ($1.6 million) for the period ended June 30, 2021 as against net profit of Rs 10.87 crores ($1.5 million) for the previous … Read more

Galaxy Surfactants Reports 36% Rise in YoY Q1FY21 Net Profit

Galaxy Surfactants Ltd., a specialty chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit dropped 2.4% to Rs 76.82 crores ($10.3 million) for the period ended June 30, 2021 as against net profit of Rs 78.68 crores ($10.6 million) for the … Read more

Gujarat Alkalies and Chemicals Reports 98.4% Rise in YoY Q1FY21 Net Profit

Gujarat Alkalies and Chemicals Ltd., a chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit grew 82.1% to Rs 63.12 crores ($8.5 million) for the period ended June 30, 2021 as against net profit of Rs 34.66 crores ($4.7 million) for … Read more

India’s Pidilite Industries Reports 722% Rise in YoY Q1FY21 Net Profit

Pidilite Industries Ltd., a specialty chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit declined 28.1% to Rs 220.07 crores ($29.6 million) for the period ended June 30, 2021 as against net profit of Rs 306.19 crores ($41.2 million) for the … Read more

Transpek Industry Reports 260% Rise in YoY Q1FY21 Net Profit

Transpek Industry Ltd., a chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit grew 24% to Rs 13.52 crores ($1.8 million) for the period ended June 30, 2021 as against net profit of Rs 10.94 crores ($1.5 million) for the previous … Read more

India Glycols Reports Rs 211.48 Cr YoY Q1 Net Profit; Sets up Grain-based Distillery Units

India Glycols Ltd., a chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit grew 198% to Rs 211.48 crores ($28.4 million) for the period ended June 30, 2021 as against net profit of Rs 70.99 crores ($9.5 million) for the previous … Read more

India’s Laxmi Organic Industries Reports 379.3% YoY Net Profit Growth in Q1FY21-22

Laxmi Organic Industries Ltd., a specialty chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit grew 182% to Rs 102.32 crores ($13.8 million) for the period ended June 30, 2021 as against net profit of Rs 36.34 crores ($4.9 million) for … Read more

India’s Ester Industries Reports 28.1% YoY Net Profit Growth in Q1FY21-22

Ester Industries Ltd., a polymers manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit grew 11.04% to Rs 37.62 crores ($5.1 million) for the period ended June 30, 2021 as against net profit of Rs 33.88 crores ($4.6 million) for the previous … Read more

India’s NACL Industries Reports 155% YoY Net Profit Growth in Q1FY21-22

NACL Industries Ltd., a agrochemicals manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit declined 18.5% to Rs 14.25 crores ($1.9 million) for the period ended June 30, 2021 as against net profit of Rs 17.49 crores ($2.4 million) for the previous … Read more

India’s Hikal Reports 237% YoY Net Profit Growth in Q1FY21-22

Hikal Ltd., a chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit declined 0.8% to Rs 50.54 crores ($6.8 million) for the period ended June 30, 2021 as against net profit of Rs 50.92 crores ($6.9 million) for the previous quarter. … Read more