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Sales up 8.46% at Clariant India in Q2 2012

Jul '12
Clariant Chemicals (India) Limited's Net Sales for the quarter ended June 30, 2012 is up at Rs 282.1 crores from Rs 260.1 crores for the corresponding period of the previous year.

The Profit (before exceptional items) for the same period stood at Rs 44.1 crores compared to Rs 43.7 crores in the previous year period. After considering the exceptional items and tax expenses, the Net Profit for the period amounted to Rs 30.8 crores as against Rs 30.4 crores in the previous year period.

For the six month period ending June 30, 2012, the Net Sales rose from Rs 488.3 crores to Rs 521.4 crores, in comparison with the corresponding period of previous year. The Net Profit for the period amounted to Rs 62.5 crores as compared to Rs 253.9 crores in the previous year period.

The Board of Directors of the company has considered the payment of an Interim Dividend of Rs 10/- (100 %) per share for the year 2012.

Clariant – Re-branding

Clariant has undergone a fundamental change in recent years. After successfully completing a restructuring phase, we have resolutely aligned ourselves for profitable growth. We want to become the global leader in specialty chemicals - competitive, innovative, and sustainable, with outstanding value creation for all of our stakeholders and partners. We want this approach to be visible to everyone. So the evolution of our look is a logical step. Our new branding translates this approach into three clear brand values:

Performance. People. Planet.

We are placing these values at the heart of our actions. They describe the way we do business and the values that are our top priority in our interactions with each other, with our partners, as well as with the environment and society. They give us direction and define our corporate culture.

Clariant Chemicals (India) Limited

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