TANFAC Industries Ltd has reported total income of Rs.91.43 crores during the period ended June 30, 2021 as compared to Rs.39.77 crores during the period ended March 31, 2021.

The company reported total income Rs.27.80 crores during the period ended June 30, 2020.

TANFAC has posted net profit / (loss) of Rs.21.24 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.(0.0554) crores for the period ended March 31, 2021.

The company has achieved higher profitability during the quarter primarily on account of increase in realisation on sale of sulphuric acid due to temporary local supply chain disrupt1ons which resulted in augmented demand. Also, increase in volume and realisation of specialty fluorides due to augmented demand on account of current onset of COVID-19 contributed to profitability.