Net profit before tax stood at Rs. 382 million for the quarter, as against Rs. 204 million (before exceptional items) in the corresponding period of the previous year – a growth of 87.3%.
The increase in operating profits is attributed to the proactive measures initiated by the company to combat the rising cost of inputs. Sales for the nine months ended September 30, rose to Rs. 7,210 million, while the net profit before tax in the same period has gone up to Rs. 1,021 million.
Clariant Chemicals India Q3 sales
Clariant Chemicals (India) based in Mumbai, have reported net sales of Rs. 2,549 million for the quarter ended September 30, 2008. This is compared with Rs. 2,130 million in the corresponding period of 2007 – signifying a growth of 19.7%.