India’s Bodal Chemicals is in advance negotiations to buy Chlor-Alkali business of Mawana Sugars as the Delhi-based firm looks to focus on its core sugar business, according to a report by ET. The transaction will value Mawana Sugars’ Alkali business between Rs 2.5-3.5 billion, multiple sources close to the transaction told ET. Mawana Sugars, part … Read more
Bodal Chemicals Ltd., a chemical manufacturer based in India announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQ The company’s net profit declined 15.5% to Rs 252.29 million for the period ended September 30, 2021 as against net profit of Rs 298.56 million for the previous quarter. Net sales increased … Read more
Bodal Chemicals Ltd has decided to sell its Unit – VI, situated at Plot No. 606,607, G.I.D.C., Panoli, Nr. Ankleshwar, Dist. Bharuch, Gujarat. The company said that Unit-VI is inoperative and is not a significant unit in terms of revenue or net worth of the company. Also, it stated that the company has not calculated … Read more
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
Bodal Chemicals Ltd, a specialty 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 3% to Rs 23.57 ($3.2 million) for the period ended March 31, 2021 as against a net loss of Rs 22.91 crores ($3.1 million) for … Read more
India’s Bodal Chemicals Limited has entered into Business Transfer Agreement (BTA) with Mawana Sugar Limited (MSL) to acquire its chlor-alkali plant known as Siel Chemical Complex (SCC) at Rajpura, Punjab. Bodal stated that the proposed acquisition will help the Company in diversification of its existing chemicals product line by adding new products. SCC is engaged … Read more
Bodal Chemicals Ltd announced diversification into Benzene downstream products and expansion of Sulphuric Acid & Derivatives. The company intends to build a benzene plant with 55,000 MTPA capacity and expand Sulphuric Acid capacity to 340,000 MTPA at Saykha GIDC, Bharuch, Gujarat. The company said that these products will further enhance ‘Specialty Chemicals Segment’ for Bodal … Read more
Bodal Chemicals Ltd., a chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2020. Q1 Results- QoQ The company reported a net loss of Rs 19.54 crores ($2.6 miilion) for the period ended June 30, 2020 as against net profit of Rs 23.09 crores ($3.1 miilion) for the previous … Read more
Bodal Chemicals Ltd., a chemical manufacturer based in India announced its results for the quarter and financial year ended March 31, 2020. Q4 Results The company’s net profit decreased 7.8% to Rs 27.22 crores ($3.6 million) for the period ended March 31, 2020 as against net profit of Rs 29.52 crores ($3.9 million) during the … Read more
Bodal Chemicals Ltd, an Indian dye and dyestuff manufacturer has acquired the remaining 42 percent stake in Trion Chemicals Pvt Ltd, a producer of specialty chemicals for swimming pools & water treatment in the Indian state of Gujarat. The deal is expected to benefit Bodal Chemicals in diversifying its product range. “The objective for this … Read more