Himadri Speciality Chemical Ltd., a chemicals manufacturer based in India announced its results for the second quarter ended September 30, 2021.
Q2 Results- QoQ
The company’s net profit declined 35.2% to Rs 94.1 million for the period ended September 30, 2021 as against net profit of Rs 145.1 million for the previous quarter.
Net sales increased 19.7% to Rs 6.48 billion during the period ended September 30, 2021 as compared to Rs 5.41 billion during the previous quarter.
Q2 Results- YoY
The company’s net profit dropped 54.6% to Rs 94.1 million for the period ended September 30, 2021 as against net profit of Rs 207.2 million for the previous quarter.
Net sales increased 64.3% to Rs 6.48 billion during the period ended September 30, 2021 as compared to Rs 3.94 billion during the previous quarter.
Half-Year Results- YoY
The company’s net profit grew 193.1% to Rs 239.2 million for the 6 months period ended September 30, 2021 as against net profit of Rs 81.6 million for the prior-year 6 months period.
Net sales increased 81.5% to Rs 11.88 billion during the 6 months period ended September 30, 2021 as compared to Rs 6.55 billion during the prior-year 6 months period.
Himadri Speciality Chemical Ltd is engaged in the business of manufacture and selling coal tar pitch (CTP), creosote oils, naphthalene, carbon black, advanced carbon materials & SNF (sodium naphthalene formaldehyde).