Chemical | 24 July 2021
Dow swings to profit, revenue higher than expectations
Operating EBIT was up $1.3 billion, with increases in every operating segment and business.
Operating EBIT was up $1.3 billion, with increases in every operating segment and business.
The company has posted net profit of Rs.117.78 crores for the period ended June 30, 2020.
The company is currently in the process of constructing two units at Sandila to be used for Herbicide Technicals
The company posted net profit of Rs.13233 crores for the period ended June 30, 2020.
With Pesticides Management Bill, 2020 all set to replace 50 years old Insecticides Act, 1968, both industry and academia have their own set of reservations
Q1 FY22 consolidated revenue grew 6% to Rs. 1,808 crore from Rs. 1,712 crore in Q1 FY21. Q1 FY22 Net Profit was Rs. 84 crore (vs. Rs. 149 crore in Q1 FY21).
Of the 28 specialty chemical segments that ACC monitors, 15 expanded in June, off from 19 in May
Company has acquired Swania SAS, based in Nanterre, France, from Milestone Investisseurs and individual shareholders
Company reported consolidated revenue of $335.8 million in this year’s second quarter compared to $323.1 million last year.
The company will now start the implementation of Chlor-Alkali capacity expansion of 700 TPD along with 500 TPD flaker expansion Pravin Prashant
Under the terms of the contract, KBR will provide license, basic engineering design and proprietary equipment for both plants, to deliver a capacity increase of approximately 35 percent at each plant
The company reported total income of Rs.1215.73 crores during the period ended June 30, 2021.
The company posted net profit of Rs.91.87 crores for the period ended June 30, 2020.
The company reported total income of Rs.174.08 crores during the period ended June 30, 2021.
The company has posted net profit of Rs.9.92 crores for the period ended June 30, 2020.
The company generated strong growth rates and continued its growth trajectory, with a new sales record of CHF 4,448.7 million
The company posted net loss of Rs. (20.10) crores for the period ended June 30, 2020.
The company has further reduced the net debt by Rs 45 crore in Q1'FY22.
The company has reported total income of Rs.2025.11 crores during the period ended June 30, 2021.
Crude oil prices have been rising and, along with that, key input prices are up too. Hence, HDFC Securities expects blended gross and EBITDA margins to decline.
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