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IPCL bags Q1 net profit of Rs 3360 mn

30 Jul '07
1 min read

Indian Petrochemicals Corporation Ltd (IPCL) has announced the following Unaudited results for the quarter ended June 30, 2007:
The Company has posted a net profit of Rs 3360 million for the quarter ended June 30, 2007 as compared to Rs 1800 million for the quarter ended June 30, 2006.

Total Income (net of excise) has decreased from Rs 30800 million for the quarter ended June 30, 2006 to Rs 28700 million for the quarter ended June 30, 2007.

Indian Petrochemicals Corporation Limited (IPCL) is a pioneering petrochemicals company in India. It was established on March 22, 1969, with a view to promote and encourage the use of plastics in India.

Its business comprises of polymers, synthetic fibre, fibre intermediaries, solvents, surfactants, industrial chemicals, catalysts, adsorbents and polyesters.

Indian Petrochemicals Corporation Ltd (IPCL)

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