Home / Knowledge / News / Textiles / Clariant records growth of 6.4% in sales turnover in 2008
Clariant records growth of 6.4% in sales turnover in 2008
24
Feb '09
Clariant Chemicals (India) Limited has recorded the sales turnover (net of excise) of Rs. 916.39 crore as against Rs. 861.44 crore in the previous year.

Despite all the challenges in the market place arising out of global recession, the Company during the year registered an overall growth of 6.4% in Sales, 32.9% in Profit before depreciation, interest, exceptional items and tax and 112.3% in net profit after tax over previous year.

Effective cost management and constant review of its pricing policy have resulted into further improvement in the operating profit margins (PBDIT) from 12% to 15%.

The overall efficiency has yielded higher profit after tax (PAT) of 7.4% to sales as compared to 3.7% in the previous financial year.

Considering the consistent performance and the policy of sharing the success pursued by the Company, the Board of Directors has recommended a dividend of Rs. 19 per share (190%) as compared to Rs. 10 per share (100%) paid in the previous year.

Clariant is a global leader in the field of specialty chemicals. Strong business relationships, commitment to outstanding service and wide-ranging application know-how make Clariant a preferred partner for its customers.

Clariant Chemicals (India) Limited

Must ReadView All

Apparel/Garments | On 28th Apr 2017

Continue existing Duty Drawback, ROSL scheme post GST: TEA

Tiruppur Exporters' Association (TEA) has made requisitions to...

Apparel/Garments | On 28th Apr 2017

Deckers Brands starts review of strategic alternatives

Deckers Brands, a global leader in designing, marketing and...

Courtesy: AAFA

Fashion | On 28th Apr 2017

Andrew Rosen, Stuart Vevers among AAFA awardees

Andrew Rosen, founder and CEO of Theory, Stuart Vevers of Coach, Nick ...

Interviews View All

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X