Chemical | 17 August 2020
Bodal Chemicals swings to loss due to slower market uptake
The company's revenue declined 67% YoY and stood at Rs.122.29 crores.
The company's revenue declined 67% YoY and stood at Rs.122.29 crores.
Acquisition will accelerate Syngenta Seeds’ entry into South African seeds market.
Sales was down by 39% YoY to Rs. 128.9 crore.
Sales rise 32.46% to Rs 508.00 crore
Sales decline 20.52% to Rs 281.69 crore.
Investment is part of its strategy to capitalize on the Make in India initiative.
The four verticals that will be covered are medical robotics, agriculture and disaster management, defense, and smart manufacturing (Industry 4.0).
Sales decline 55.52% to Rs 385.62 crore.
Enhanced capabilities to boost the development of advanced material solutions.
Company earlier had temporarily shut down the 47,200-metric tons/year plant, after it was reportedly issued a closure notice for violating environmental norms.
The 1.8 million tonnes a year full steam ethylene cracker and linked downstream units to be build at Vadinar in western Gujarat state would cost $8 billion-$9 billion and would be completed in five years.
Sales declined 7.53% to Rs 388.90 crore in the quarter.
Total capex stood at Rs. 71 crore.
Profit before tax dropped during the quarter leading to loss of Rs. 1.18 crore.
.jpg)
The company is expanding into new geographies and exploring new pigments.
Company's sales decline by 32.7% and stood at Rs 1621.05 crore in Q1 June 2020.
The company reported fall in revenues by 4% YoY during the quarter and sales stood at Rs 241.54 crore.
The new plant will double annual production capacity, going from 140,000 tons per year to 280,000 tons per year from the 4th quarter of 2022.
The upgrade will help increase its water-based paints production capacity and also achieve sustainability goals.
Sales decline 0.03% to Rs 222.91 crore.
Subscribe To Our Newsletter & Stay Updated
