Sudarshan Chemical Industries reports 128% growth in profit for Q2 FY25
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Sudarshan Chemical Industries reports 128% growth in profit for Q2 FY25

Consolidated income reached Rs. 696 crore, a 16% increase compared to the second quarter last year, reflecting seventh consecutive quarter of sales growth

  • By ICN Bureau | November 02, 2024

Sudarshan Chemical Industries Limited (SCIL), India’s largest pigment producer, has shown 42% growth in consolidated EBITDA at Rs. 94 crore and a 128% increase in consolidated Profit After Tax (PAT) at Rs 41 crore for Q2 FY25.

SCIL's Q2 FY25 consolidated income reached Rs. 696 crore, a 16% increase compared to the second quarter last year, reflecting the seventh consecutive quarter of sales growth. With an expanding presence in over 85 countries, Sudarshan Chemical is leveraging its comprehensive product portfolio to meet the demands of high-growth markets, particularly in specialty segments such as coatings, plastics, inks, and cosmetics.

Commenting on the second quarter earnings, Rajesh Rathi, Managing Director of Sudarshan Chemical Industries Ltd. said, “We are happy that the company delivered a strong quarterly performance, a testament to our focused approach on specialty pigments and sustainable value creation for stakeholders through operational efficiencies, and strategic investments. We aim to capitalize on our market leadership and with the acquisition of Heubach, aim to cater to the demand for high- performance pigments in international markets. Sudarshan Chemical is well-positioned to maintain its growth momentum and the quarter’s performance reflects our dedication to serving customers globally with world-class solutions that meet evolving industry standards.”

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