National Fertilizers Ltd Reports Net Profit of Rs 108.31 Cr for Q1 FY20-21

National Fertilizers Ltd., a state-owned fertilizer and chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2020. Q1 Results- QoQ The company’s net profit grew 144% to Rs 108.31 crores ($14.7 million) for the period ended June 30, 2020 as against net loss of Rs 248.65 crores ($33.7 million) … Read more National Fertilizers Ltd Reports Net Profit of Rs 108.31 Cr for Q1 FY20-21

Goa Carbon Reports Net Loss of Rs 5.07 Cr for Q1 FY20-21

Goa Carbon Reports Net Loss of Rs 5.07 Cr for Q1 FY20-21 Goa Carbon Ltd., a petrochemicals 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 5.07 crores ($0.69 million) for the period ended June 30, 2020 as … Read more Goa Carbon Reports Net Loss of Rs 5.07 Cr for Q1 FY20-21

Indo Borax & Chemicals Reports 10.2% YoY Net Profit Growth for Q1 FY20-21

Indo Borax & Chemicals Ltd., a chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2020. Q1 Results- QoQ The company’s net profit increased 10.4% to Rs 5.75 crores ($0.78 million) for the period ended June 30, 2020 as against net profit of Rs 5.21 crores ($0.71 million) for … Read more Indo Borax & Chemicals Reports 10.2% YoY Net Profit Growth for Q1 FY20-21

Reliance Industries gives Detailed Plan to Spin-off O2C Assets

Reliance Industries Ltd (RIL) has released a detailed plan on spinning off its oil-to-chemical (O2C) business into a separate subsidiary on Sunday, according to a report by The Telegraph. It has come up with a detailed scheme of arrangement to transfer the undertaking to the O2C subsidiary through a slump sale, which is likely to … Read more Reliance Industries gives Detailed Plan to Spin-off O2C Assets

Shree Pushkar Chemicals Reports 84% YoY Net Profit Drop for Q1 FY20-21

Shree Pushkar Chemicals & Fertilisers Ltd., a chemicals and fertilizers manufacturer based in India announced its results for the first quarter ended June 30, 2020. Q1 Results- QoQ The company’s net profit dropped 91% to Rs 1.01 crores ($0.14 million) for the period ended June 30, 2020 as against net profit of Rs 11.24 crores … Read more Shree Pushkar Chemicals Reports 84% YoY Net Profit Drop for Q1 FY20-21

Mysore Petro Chemicals Reports Net Profit of Rs 1.55 Cr for Q1 FY20-21

Mysore Petro Chemicals Ltd., a Maleic Anhydride manufacturer based in India announced its results for the first quarter ended June 30, 2020. Q1 Results- QoQ The company’s net profit dropped 2.5% to Rs 1.55 crores ($0.21 million) for the period ended June 30, 2020 as against net profit of Rs 1.59 crores ($0.22 million) for … Read more Mysore Petro Chemicals Reports Net Profit of Rs 1.55 Cr for Q1 FY20-21

Poddar Pigments Ltd Reports Net Profit of Rs 1.61 Cr for Q1 FY20-21

Poddar Pigments Ltd., a pigment manufacturer based in India announced its results for the first quarter ended June 30, 2020. Q1 Results- QoQ The company’s net profit dropped 73% to Rs 1.61 crores ($0.22 million) for the period ended June 30, 2020 as against net profit of Rs 5.95 crores ($0.82 million) for the previous … Read more Poddar Pigments Ltd Reports Net Profit of Rs 1.61 Cr for Q1 FY20-21

Indo Amines Ltd Reports Net Profit of Rs 2.51 Cr for Q1 FY20-21

Indo Amines Ltd., an organic amines manufacturer based in India announced its results for the first quarter ended June 30, 2020. Q1 Results- QoQ The company’s net profit grew 66.2% to Rs 2.51 crores ($0.34 million) for the period ended June 30, 2020 as against net profit of Rs 1.51 crores ($0.21 million) for the … Read more Indo Amines Ltd Reports Net Profit of Rs 2.51 Cr for Q1 FY20-21

National Peroxide Ltd Reports Net Loss of Rs 1.78 Cr for Q1 FY20-21

National Peroxide Ltd., a peroxide 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 (1.78) crores ($0.24 million) for the period ended June 30, 2020 as against net profit of Rs 3.03 crores ($0.41 million) for the … Read more National Peroxide Ltd Reports Net Loss of Rs 1.78 Cr for Q1 FY20-21

Indian Toners & Developers Ltd’s YoY Net Profit for Q1 FY20-21 Down 17.7%

Indian Toners & Developers Ltd., a toners manufacturer based in India announced its results for the first quarter ended June 30, 2020. Q1 Results- QoQ The company’s net profit declined 21% to Rs 2.23 crores ($0.3 million) for the period ended June 30, 2020 as against net profit of Rs 2.82 crores ($0.38 million) for … Read more Indian Toners & Developers Ltd’s YoY Net Profit for Q1 FY20-21 Down 17.7%

Prince Pipes Collaborates with Lubrizol to Enter CPVC Pipes Market

Prince Pipes and Fittings Limited (PPFL), one of India’s largest growing integrated piping solutions & multi polymer manufacturers, announced the launch of Prince FlowGuard Plus in association with Lubrizol, inventors and largest manufacturers of CPVC compounds worldwide, headquartered in the United States. Lubrizol is dedicated to supplying the highest quality CPVC compounds to service hot … Read more Prince Pipes Collaborates with Lubrizol to Enter CPVC Pipes Market

NOCIL Ltd’s YoY Net Profit for Q1 FY20-21 Down 64%

NOCIL Ltd., a rubber chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2020. Q1 Results- QoQ The company’s net profit declined 45.4% to Rs 11.95 crores ($1.6 million) for the period ended June 30, 2020 as against net profit of Rs 21.87 crores ($2.9 million) for the previous … Read more NOCIL Ltd’s YoY Net Profit for Q1 FY20-21 Down 64%

L&T Hydrocarbon Engineering Signs MoU for CO2-to-Methanol Plant in India

L&T Hydrocarbon Engineering (LTHE), a wholly-owned subsidiary of Larsen & Toubro (L&T), has signed a memorandum of understanding (MoU) with state-run power utility major NTPC on 19 August 2020. As per the MoU, L&T Hydrocarbon Engineering (LTHE) will be the Engineering, Procurement and Construction Management partner to build CO2 to Methanol demonstration Plant in NTPC … Read more L&T Hydrocarbon Engineering Signs MoU for CO2-to-Methanol Plant in India

Bhagiradha Chemicals Reports Rs 2.58 Cr YoY Net Profit for Q1 FY20-21

Bhagiradha Chemicals & Industries Ltd., a specialty chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2020. Q1 Results- QoQ The company’s net profit rose 278% to Rs 2.58 crores ($0.34 million) for the period ended June 30, 2020 as against net loss of Rs (1.45) crores ($0.19 million) … Read more Bhagiradha Chemicals Reports Rs 2.58 Cr YoY Net Profit for Q1 FY20-21

Vishnu Chemicals Reports 83% YoY Net Profit Growth for Q1 FY20-21

Vishnu Chemicals Ltd., a specialty chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2020. Q1 Results- QoQ The company’s net profit rose 147% to Rs 12.48 crores ($1.7 million) for the period ended June 30, 2020 as against net profit of Rs 5.05 crores ($0.67 million) for the … Read more Vishnu Chemicals Reports 83% YoY Net Profit Growth for Q1 FY20-21

Bodal Chemicals Reports YoY Net Loss of Rs 19.54 Crores in Q1 FY20-21

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 Reports YoY Net Loss of Rs 19.54 Crores in Q1 FY20-21

GAIL India Petchem Segment’s YoY Net Loss Narrows

GAIL India Ltd., one of the major petrochemicals manufacturers based in India announced its results for the first quarter ended June 30, 2020. Petrochemicals Segment Q1 Results- QoQ The company reported a net loss of Rs (154.43) crores ($20.6 million) for the period ended June 30, 2020 as against net profit of Rs 72.36 crores … Read more GAIL India Petchem Segment’s YoY Net Loss Narrows

DCM Shriram Reports 70% Decline in YoY Net Profit Growth in Q1 FY20-21

DCM Shriram Industries Ltd., a chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2020. Q1 Results- QoQ The company’s net profit dropped 80.4% to Rs 5.09 crores ($0.68 miilion) for the period ended June 30, 2020 as against net profit of Rs 25.98 crores ($3.5 miilion) for the … Read more DCM Shriram Reports 70% Decline in YoY Net Profit Growth in Q1 FY20-21

Shell Plans to Buy Stake in Nayara’s $9 billion Indian Petchem Project

Royal Dutch Shell plans to buy a 50% stake in Indian-based Nayara Energy’s $9 billion planned petrochemical project, according to a Reuter’s report. Global oil majors are looking at expanding foothold in the vast Indian market, where local refiners are investing billions of dollars to boost their petrochemical capacities. They are looking to meet an … Read more Shell Plans to Buy Stake in Nayara’s $9 billion Indian Petchem Project

S H Kelkar Reports 22% Decline in YoY Net Profit Growth in Q1 FY20-21

S H Kelkar and Company Ltd., a fragrances and flavours manufacturer based in India announced its results for the first quarter ended June 30, 2020. Q1 Results- QoQ The company’s net profit increased 23.2% to Rs 14.81 crores ($2 miilion) for the period ended June 30, 2020 as against net profit of Rs 12.02 crores … Read more S H Kelkar Reports 22% Decline in YoY Net Profit Growth in Q1 FY20-21