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Home / Knowledge / News / Textiles / Clariant achieves a net profit of INR 149 mn

Clariant achieves a net profit of INR 149 mn

21
Apr '08

Clariant Chemical's (India) Limited has reported Net Sales of INR 2043 mn (Previous Year INR 2036 mn.) and Profit after Tax of INR 149 mn (Previous Year INR 144 mn) for the quarter ended March 31, 2008.

At its Fifty-first Annual General Meeting, the company's shareholders unanimously approved all the resolutions proposed by the Board of Directors, while also approving a Dividend payout of INR 10/- per share (100%).

The Company is focused on promoting the wider usage of safer pigments (Lead/Chrome replacement) and the use of non-halogenated Flame Retardants.

It is developing competence in Technical Textiles, wherein the focus will be on usage of fluro chemicals and coating based products.

Continuous innovation is the hallmark for all our products – Pigment dyestuffs, Textile, Leather and Paper Chemicals and Masterbatches.

Rising costs of inputs continues to be a challenge for the company.

Clariant Chemicals (India) Limited

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