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Clariant net profit increases by 83% in Q2
Jul '08
Clariant Chemicals (India) Limited has reported a Net Profit of INR 268 mio. for the quarter ended June 30, 2008 (INR 146 mio. in the corresponding previous year period) – amounting to an increase of 83%.

Its net sales for the quarter ended June 30, 2008 amounted to INR 2618 mio. (INR 2317 mio. for the corresponding period of the previous year) – signifying a growth of 13%.

The increase in operating profits is attributed to the various proactive measures initiated by the Company to combat the rising cost of inputs, viz. the ability to pass on price increases, optimization of costs, lean organization structures, etc.

The Company's sales for the six months ended June 30, 2008 rose to INR 4661 mio. (INR 4353 mio. in the corresponding previous year period), while the Net Profit in the same period jumped up to INR 417 mio. (INR 290 mio. in the corresponding previous year period).

For further information, the company's website can be accessed at www.clariant.in

Clariant Chemicals (India) Limited

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