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

Galaxy Surfactants Reports 7.5% Net Profit Growth YoY in Q1 FY20-21

Galaxy Surfactants Ltd, a surfactants manufacturer based in India announced its results for the first quarter ended June 30, 2020. Q1 Results- QoQ The company’s net profit dropped 10% to Rs 56.49 crores ($7.5 miilion) for the period ended June 30, 2020 as against net profit of Rs 62.80 crores ($8.4 miilion) for the previous … Read more

UPL Opens New R&D Center in North Carolina

UPL Ltd. announced the opening of a new, state-of-the-art research and development hub in Research Triangle Park, NC, USA. The OpenAg Center, located in the Alexandria Center for AgTech – Research Triangle at 5 Laboratory Drive, will enable UPL to leverage its advanced R&D capabilities in partnership with other innovation based companies to characterize, develop … Read more

Transpek Reports 12.5% Net Profit Growth YoY in Q1 FY20-21

Transpek Industry 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 84.4% to Rs 3.77 crores ($0.5 miilion) for the period ended June 30, 2020 as against net profit of Rs 24.21 crores ($3.2 miilion) for the previous … Read more

Sudarshan Chemical Reports 57% Net Profit Decline in Q1 FY20-21

Sudarshan Chemical Industries Ltd., a pigments 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 dropped 33.4% to Rs 18.19 crores ($2.4 miilion) for the period ended June 30, 2020 as against net profit of Rs 27.30 crores ($3.6 miilion) … Read more

Indian Oil Corp Petchem Segment’s YoY Sales Decline by 20%

Indian Oil Corporation Ltd (IOCL)., 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’s net profit declined 6% to Rs 495.1 crores ($65.9 million) for the period ended June 30, 2020 as against net profit of Rs … Read more

Indian Oil Corp approves $1.8 B PX/PTA Project at Paradip

Indian Oil Corp., announced that it will build an integrated para-xylene (PX) and purified terephthalic acid (PTA) complex at Paradip, Odisha, India, with an investment of Rs 138 billion ($1.8 billion). The company expects to bring it online in early 2024. The petrochemicals complex will have a PX production capacity of 800,000 tonnes per year, … Read more

Linde India Reported 50% Drop in YoY Sales for Q2 CY2020

Linde India Ltd., an Indian subsidiary of industrial gas manufacturer Linde Plc announced its results for the second quarter ended June 30, 2020. CY 2020 Q2 Results- QoQ The company’s net profit declined 49.3% to Rs 19.80 crores ($2.6 million) for the period ended June 30, 2020 as against net profit of Rs 39.03 crores … Read more

Reliance Petrochemicals Segment Net Profit Declines on Low Margins

Reliance Industries Ltd., one of the world’s largest petrochemicals manufacturer based in India announced its results for the first quarter ended June 30, 2020. Petrochemicals Segment Q1 Results- QoQ The segment’s net profit declined 25% to Rs 4,430 crores ($592.2 million) for the period ended June 30, 2020 as against net profit of Rs 5,938 … Read more

Total, Indian Oil Form JV to Produce Bitumen Derivatives, Specialty Products

Indian Oil Corporation and Total announced the formation of a 50:50 Joint Venture (JV) company that will manufacture and market high-quality bitumen derivatives and specialty products for the growing road-building industry in India. Total is the leading bitumen manufacturer and supplier in Europe, while Indian Oil is the largest player in the Indian bitumen market. … Read more

Chambal Fertilisers Reports 77% Net Profit Growth for Q1 FY20-21, No COVID-19 Impact

Chambal Fertilisers & Chemicals Ltd., a 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 increased 51.2% to Rs 298.78 crores ($40 miilion) for the period ended June 30, 2020 as against net profit of Rs 197.55 crores ($26.4 … Read more

Navin Fluorine Net Profit Rises by 30% YoY for Q1FY20-21

Navin Fluorine International Ltd., an organo-fluorine 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 79.5% to Rs 56.02 crores ($7.5 million) for the period ended June 30, 2020 as against net profit of Rs 272.69 crores ($ million) for … Read more

GHCL Reports Decline in Sales and Net Profit for Q1 FY20-21

GHCL Ltd., a basic 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 85% to Rs 12.95 crores ($1.7 million) for the period ended June 30, 2020 as against net profit of Rs 84.86 crores ($11.4 million) for the previous … Read more

Asian Paints Ltd Posts 67% Decline in Q1 FY20-21 Net Profit

Asian Paints Ltd., a paints and coatings manufacturer based in India announced its results for the first quarter ended June 30, 2020. Q1 Results- QoQ The company’s net profit declined 53% to Rs 218.45 crores ($29.2 million) for the period ended June 30, 2020 as against net profit of Rs 461.89 crores ($61.7 million) for … Read more

Atul Ltd Reports 20% YoY Decline in Net Profit for Q1 FY20-21

Atul 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 declined 17% to Rs 117.78 crores ($15.7 million) for the period ended June 30, 2020 as against net profit of Rs 141.25 crores ($18.9 million) for the previous quarter. … Read more

Asahi Songwon Colors Reports 57% Rise in Net Profit for Q1 FY20-21

Asahi Songwon Colors Ltd., a pigments manufacturer based in India announced its results for the first quarter ended June 30, 2020. Q1 Results- QoQ The company’s net profit grew 57% to Rs 9.53 crores ($1.3 million) for the period ended June 30, 2020 as against net profit of Rs 6.07 crores ($0.87 million) for the … Read more

Indo Amines Ltd Reports 52% Drop in Net Profit for Full-Year 2019-20

Indo Amines Ltd., an alkyl amine chemicals 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 78% to Rs 1.51 crores ($0.2 million) for the period ended March 31, 2020 as against net profit of Rs 6.77 crores ($0.9 million) … Read more

Himadri Speciality Chemical FY19-20 Net Profit Drops 37% to Rs 205 Cr

Himadri Speciality Chemical Ltd., a specialty chemicals 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 5.3% to Rs 70.81 crores ($9.5 million) for the period ended March 31, 2020 as against net profit of Rs 74.74 crores ($10 million) … Read more

Ishan Dyes Reports Drop in Sales for Q1 FY21

Ishan Dyes & Chemicals Ltd., a dyes and dyestuff manufacturer based in India announced its results for the quarter ended June 30, 2020. Q1 Results- QoQ The company’s net profit decreased 38.6% to Rs 1.69 crores ($0.23 million) for the period ended June 30, 2020 as against net profit of Rs 2.75 crores ($0.37 million) … Read more

National Peroxide Reports 88.4% Decline in FY19-20 Net profit

National Peroxide Ltd., a peroxide 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 82.7% to Rs 3.03 crores ($0.4 million) for the period ended March 31, 2020 as against net profit of Rs 17.49 crores ($2.3 million) during the … Read more