Fineotex Chemical bags Rs 1500 Mn Specialty Chemical Long-term Order

On Tuesday, Fineotex Chemical Ltd. received a specialist performance chemical order from a major FMCG manufacturer. The order is estimated to be worth Rs 1,500 million. The Company will use its Ambernath facility for production to supply the order. The order was ascribed to the company’s focus on contract execution and efforts to create long-term … Read more

Chemcon Speciality Chemicals Ltd Reports 46.3% Drop in YoY Net Profit for Q2 FY23

Chemcon Speciality Chemicals Limited., a Indian specialty chemicals manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit declined 69.3% to Rs 78.23 million for the period ended Sept 30, 2022 as against net profit of Rs 254.57 million for the previous quarter. Net sales fell … Read more

India Glycols Ltd Reports 33% Drop in YoY Net Profit for Q2 FY23

India Glycols Limited., a Indian chemicals manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit declined 13.8% to Rs 250.1 million for the period ended Sept 30, 2022 as against net profit of Rs 290.2 million for the previous quarter. Net sales fell 12.5% to … Read more

Deepak Nitrite Ltd Reports 31.4% Drop in YoY Net Profit for Q2 FY23

Deepak Nitrite Limited., a Indian chemicals manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit declined 25.6% to Rs 1.74 billion for the period ended Sept 30, 2022 as against net profit of Rs 2.34 billion for the previous quarter. Net sales decreased 4.5% to … Read more

Alkyl Amines Chemicals Ltd Reports 3% Drop in YoY Net Profit for Q2 FY23

Alkyl Amines Chemicals Limited., a Indian aliphatic amines manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit declined 36% to Rs 524.1 million for the period ended Sept 30, 2022 as against net profit of Rs 818.8 million for the previous quarter. Net sales decreased … Read more

Insecticides India Ltd Reports 7% Net Profit Growth YoY for Q2 FY23

Insecticides (India) Limited., a Indian agrochemicals manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit grew 17% to Rs 440.83 million for the period ended Sept 30, 2022 as against net profit of Rs 383.09 million for the previous quarter. Net sales increased 3.9% to … Read more

Tata Chemicals plans Rs 10.5 bn Capex from H2 FY23

Tata Chemicals has announced that the company will spend Rs 10.5 billion between second half FY23 upto first half of FY24. Speaking at Q2 FY23 Earnings Conference Call, Nandakumar Tirumalai, Chief Financial Officer, Tata Chemicals Limited said, “We spent Rs 3.04 billion in Q2 of the current year in CapEx. So Rs 10.5 billion is … Read more

PI Industries Ltd Reports 46% Net Profit Growth YoY for Q2 FY23

PI Industries Limited., a Indian agrochemicals manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit grew 27.6% to Rs 3.34 billion for the period ended Sept 30, 2022 as against net profit of Rs 2.62 billion for the previous quarter. Net sales decreased 14.7% to … Read more

Vinyl Chemicals (India) Ltd Reports Rs 100.5 Mn Net Profit for Q2 FY23

Vinyl Chemicals (India) Limited., a vinyl acetate manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit declined 7.9% to Rs 100.5 million for the period ended Sept 30, 2022 as against net profit of Rs 109.2 million for the previous quarter. Net sales increased 4.28% … Read more

Vinati Organics Ltd Reports 42.7% Net Profit Growth YoY for Q2 FY23

Vinati Organics Limited., a Indian organic chemicals manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit grew 14.6% to Rs 1.16 billion for the period ended Sept 30, 2022 as against net profit of Rs 1.01 billion for the previous quarter. Net sales increased 11.8% … Read more

Coromandel International Ltd Reports 42.6% Net Profit Growth YoY for Q2 FY23

Coromandel International Limited., a Indian fertilizers manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit grew 48.4% to Rs 7.41 billion for the period ended Sept 30, 2022 as against net profit of Rs 4.99 billion for the previous quarter. Net sales increased 75.4% to … Read more

Chemplast Sanmar Ltd Reports 74.5% Decline in YoY Net Profit for Q2 FY23

Chemplast Sanmar Limited., an Indian chemicals manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit dropped 5.1% to Rs 385.4 million for the period ended Sept 30, 2022 as against net profit of Rs 405.9 million for the previous quarter. Net sales decreased 15.1% to … Read more

UPL Ltd Reports 28.4% Net Profit Growth YoY for Q2 FY23

UPL Limited., an Indian multinational agrochemicals manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit declined 7.2% to Rs 8.14 billion for the period ended Sept 30, 2022 as against net profit of Rs 8.77 billion for the previous quarter. Net sales increased 15.5% to … Read more

SRF Ltd Reports 25.8% Growth in YoY Net Profit for Q2 FY23

SRF Limited., a Indian chemicals manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit declined 20.9% to Rs 4.81 billion for the period ended Sept 30, 2022 as against net profit of Rs 6.08 billion for the previous quarter. Net sales dropped 3.7% to Rs … Read more

Reliance’s O2C Business Reports 5.9% Decline in YoY EBIDTA for Q2 FY23

Reliance Industries Ltd announced its O2C Business segment results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The segment’s EBIDTA dropped 39.8% to Rs 119.68 billion for the period ended Sept 30, 2022 as against EBIDTA of Rs 198.88 billion for the previous quarter due to weak margins. Net sales decreased 1.26% … Read more

Balaji Amines Ltd Reports 16.1% Net Profit Growth YoY for Q2 FY23

Balaji Amines Limited., a Indian organic chemicals manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit declined 24.7% to Rs 925.6 million for the period ended Sept 30, 2022 as against net profit of Rs 1.23 billion for the previous quarter. Net sales decreased 6.6% … Read more

Anupam Rasayan India Ltd Reports 15.3% Growth in YoY Net Profit for Q2 FY23

Anupam Rasayan India Limited., a Indian specialty chemicals manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit grew 4.7% to Rs 415.69 million for the period ended Sept 30, 2022 as against net profit of Rs 396.87 million for the previous quarter. Net sales increased … Read more

Tata Chemicals Ltd Reports 185.2% Net Profit Growth YoY in Q2 FY23

Tata Chemicals Limited., an Indian chemicals manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit grew 6.6% to Rs 6.28 billion for the period ended Sept 30, 2022 as against net profit of Rs 5.89 billion for the previous quarter. Net sales increased 6.4% to … Read more

Rallis India Ltd Reports 25.9% Net Profit Growth YoY in Q2 FY23

Rallis India Limited., an Indian agrochemicals manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit grew 5.3% to Rs 710.5 million for the period ended Sept 30, 2022 as against net profit of Rs 674.7 million for the previous quarter. Net sales increased 9.9% to … Read more