The Fine & Specialty Chemicals (FSC) segment delivered a stellar performance with revenue growth of 52% y-o-y.
Company registered a net profit of Rs. 35.84 crore in the second quarter of current fiscal as against a loss of Rs. 574.45 crore in the corresponding period of the previous year.
The Group increased sales to $5.4 billion, which is 5 percent higher compared to the same period last year while EBITDA increased by 1 percent to $733 million.
The video message is part of CropLife India’s Stewardship program, which intends to guide the doctors to deal with accidental poisoning incidents that may occur during improper or unsafe application of agro-chemicals.
The company has achieved this significant growth due to large quantities of Dichloro Diphenyl Trichloroethane (DDT) and agrochemicals shipped to Southern African countries, Latin America and Iran during the period.
Revenue for Q2 FY21 stood at Rs. 509.34 million which grew by 19.4% as compared to Q2 FY20.
The newest generation quantum computer from Honeywell initially offers 10 fully connected qubits, a proven quantum volume of 128 (the highest measured in the industry) and unique features such as mid-circuit measurement and qubit reuse, which were made possible through Honeywell’s heritage of precision controls expertise.
_256_384.jpg)
The minister invited the global industry and experts to become partners in India’s shared prosperity by enhancing India’s production of all forms of energy during his speech at CERAWeek India Energy Forum.
The increase in revenue was primarily due to higher price realizations in the O2C segment, strong recovery in Retail operations and sustained subscriber addition with improvement in ARPU in Digital services business.
Construction of the near 100,000 metric ton plant will take place in a phased manner, and once commissioned, this would be the single largest site capacity for CPVC resin production globally.
The virtual session on sustainability will be held on 3rd November, 2020 at 15:00 PM IST.
The company had pledged in 2011 to turn carbon neutral by 2020.
Company has registered a drop of 16% in Q3 operating profit to CHF 127 million ($140 million), with the profit margin narrowing to 14.2% from 14.5%.
Company has posted a growth of 16.47% YoY with a total income of Rs.328.57 crores
The jump in profit is due to the fact that PI Industries witnessed 25 per cdbt increase in exports and 33 per cent rise in domestic revenue.
Company reported consolidated income of Rs. 2,609 crore in Q2 FY21, up by 11% as compared to Rs. 2,348 crore last year.
Company's gross profit grew by 51.5% YoY to Rs.132 crore in Q2 FY21.
The company has made investments of about Rs. 105 crore in its 90 acre greenfield project, out of the total capex of Rs. 150 crore and is expecting to commence manufacturing of Ethylamines by the end of the last quarter of this financial year.
The new state-of-the-art preservation system for the Cosmenyl 100 range does not contain ortho-phenylphenol (O-PP), methylisothiazolinone (MIT) or parabens.
As per the deal, Huntsman will receive approximately 90% of the cash consideration at closing and balance approximately 10% under an earnout within 18 months if the business achieves sales revenue in-line with 2019.
Subscribe To Our Newsletter & Stay Updated
