Calcium carbonate producer Lime Chemicals has reported total income of Rs.2.41 crores during the period ended June 30, 2021 as compared to Rs.7.44 crores during the period ended March 31, 2021.

The company has sold Paonta Factory Building along with land for Rs.12.30 crore. Profit of Rs. 11.06 crore on above sale recognised in Exceptional Items during the current quarter. The plant and machinery and other assets at poanta is transferred to Kalamb, the installation of these is still not complete and production at kalamb is not yet started.

Also, the company has entered into MOU for sale of Roha Factory Building along with land for Rs. 5.10 crore, out of which Rs. 1.25 crore has been received as an advance. Hence the Production facility at Roha is totally halt till date. Profit or Loss on the sale of these assets shall be accounted for in the year in which the agreement for sale will be executed and possession is given to the party.

The company reported total income of Rs.5.70 crores during the period ended June 30, 2020.

Lime Chemicals has posted net profit of Rs.10.89 crores for the period ended June 30, 2021 as against net loss of Rs.(0.4523) crores for the period ended March 31, 2021.

The company posted net profit of Rs.0.4576 crores for the period ended June 30, 2020.