India’s Ester Industries Reports 26.8% YoY Decline in Net Profit for Q2FY22

Ester Industries Ltd., a polymers manufacturer based in India announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQ The company’s net profit declined 12.5% to Rs 323.36 million for the period ended September 30, 2021 as against net profit of Rs 369.33 million for the previous quarter. Net sales increased … Read more

India’s Ester Industries to Expand Specialty Polymer Capacity

Ester Industries Ltd has informed that its Board of Directors has approved capital expenditure of Rs 80 crores ($10.8 million) for capacity expansion of certain grades of Speciality Polymer business. The company is planning a capacity addition of 6,000 metric ton per annum thereby taking the overall capacity to 12,000 metric ton per annum. Presently, … 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