Clariant Q2, 2018-19 Profit Up By 16.1%

Clariant Chemicals (India) Limited, India’s leading specialty chemicals producer, reported sales of Rs. 256 crore, for the quarter ended September 30, 2018, as against Rs. 244 crore on a comparable basis for the corresponding quarter of the previous year. The Board has declared an Interim Dividend of Rs. 5/- per share (50%) for the financial year 2018-19.

The Company reported sales of Rs. 521 crore, in the first half of 2018-19, as against Rs. 502 * crore for the corresponding half of the previous year. “The Company’s initiatives to upgrade its product portfolio is paying dividends, despite the uncertainties like the depreciating rupee and a surge in crude oil prices,” explained Adnan Ahmad, VC&MD Clariant Chemicals (India) Limited.