Specialty Chemicals firm Camlin Fine Sciences announced Q1FY23 Result : 

• Q1FY23 Revenues constant despite shutdown of Diphenol Plant at Dahej for 4 weeks.
• Robust growth in Blends business continues
• Increase in Operational EBITDA despite higher energy cost in CFS Europe continuing in current quarter
• Energy cost in subsidiary CFS Europe SpA, Italy remained at high level due to Russia-Ukraine conflict. For Q1 FY 23, the said costs were higher by Rs. 47.8 mn as compared to Q4 FY22 and Rs. 255.8 mn as compared to Q1 FY22.
• The impact has been recovered to some extent by increase in selling prices during Q1 FY23 and Q4 FY22.
• Capital expansion plan of Methyl / Ethyl Vanillin is in final stage, commercial production expected in near future
• Debottlenecking of Diphenol Plant completed in May'22, capacity enhanced to 15,000 MT from 10,000 MT

Result PDF