Heubach Colorants India Ltd (formerly known as Clariant Chemicals (India) Limited) has reported total income of Rs. 179.16 crores during the period ended December 31, 2022 as compared to Rs. 190.15 crores during the period ended September 30, 2022.

 

The company has posted net profit of Rs. 6.72 crores for the period ended December 31, 2022 as against net loss of Rs. -7.73 crores for the period ended September 30, 2022.

 

The company has reported EPS of Rs. 2.91 for the period ended December 31, 2022 as compared to Rs. -3.35 for the period ended September 30, 2022.

 

The company has reported total income of Rs.179.16 crores during the period ended December 31, 2022 as compared to Rs.221.99 crores during the period ended December 31, 2021.

 

The company has posted net profit of Rs.6.72 crores for the period ended December 31, 2022 as against net profit of Rs.8.45 crores for the period ended December 31, 2021.

 

The company has reported total income of Rs.592.23 crores during the 9 Months period ended December 31, 2022 as compared to Rs.636.82 crores during the 9 Months period ended December 31, 2021.

 

The company has posted net profit of Rs.9.93 crores for the 9 Months period ended December 31, 2022 as against net profit of Rs.27.12 crores for the 9 Months period ended December 31, 2021.

 

Bharath Sesha, Managing Director, Heubach Colorants India Limited said, "Heubach Colorants continues to maintain steady performance amidst a less than optimal demand situation in the market. Our focus on costs, cash and customers stands us in good stead as we navigate through a unique and transitory situation in the market characterized by reduced demand and price pressures. We further underpinned our commitment to growth and profitability with investments in enhancing capacity at our flagship site in Roha. Additionally, we made significant progress in anchoring our industry-leading sustainability agenda by investing in renewable energy sources for a dominant share of our energy requirements at our large plants in Roha andCuddalore. With these capacity, sustainability, and innovation investments, we will benefit disproportionately from the imminent demand recovery."