Clariant Chemicals (India) Ltd net sales grew by 14.3%

The Net Profit after tax for the period amounted to ` 48.9 crores as compared to ` 62.5 crores in the previous year period.

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Clariant Chemicals (India) Limited's six month period ending June 30, 2013, the Net Sales grew by 14.3%, from ` 521.4 crores to ` 595.9 crores, in comparison with the corresponding period of previous year.

The Profit (before exceptional items) for the same period stood at ` 35.4 crores compared to ` 44.1 crores in the previous year period. After considering the exceptional items and tax expenses, the Net Profit for the period amounted to ` 24.1 crores as against ` 30.8 crores in the previous year period.

"As one of India's leading specialty chemicals businesses, we are committed to sustainable and innovative growth in India. Our clear priorities for the fiscal year are to add value with competitive and innovative solutions while simultaneously controlling costs," said Dr. Deepak Parikh, VC&MD, Clariant Chemicals (India) Ltd.

 The Net Profit after tax for the period amounted to ` 48.9 crores as compared to ` 62.5 crores in the previous year period. The Board of Directors of the company has considered the payment of an Interim Dividend of ` 10/- (100 %) per share for the year 2013.

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