Sudarshan Chemical reports rise in earnings and profit
By: ICN Bureau
Last updated : June 23, 2020 1:31 pm
The company reported 50.27% rise in consolidated net profit to Rs 131.20 crore on 3.3% rise in total income to Rs 1,730.04 crore in the year ended 31 March 2020 (FY 2020) over FY 2019.
Sudarshan Chemical Industries Ltd reported 5.77% rise in consolidated net profit to Rs 27.31 crore on 3.77% rise in total income to Rs 450.11 crore in Q4 March 2020 over Q4 March 2019.
The company reported 50.27% rise in consolidated net profit to Rs 131.20 crore on 3.3% rise in total income to Rs 1,730.04 crore in the year ended 31 March 2020 (FY 2020) over FY 2019.
During the current year, the company has incorporated a wholly owned subsidiary named Sudarshan Japan Ltd in Japan which would primarily be engaged in sales of pigments in Japan.
Sudarshan Chemical Industries is a leading color & effect pigment manufacturer. It has products that cover classical azo pigments, high performance pigments, effect pigments and pigment dispersions. The company primarily serve the coatings, plastics, inks and cosmetics markets.