VOL posted a substantial fall in revenues measuring to 21.3% y-o-y in Q3FY20 (Rs. 238.47 cr vs Rs. 303.05 cr) on the back of lower realizations and stumbling revenues from its marquee product ATBS due to stunted oil prices. VOL's clients' desire to keep truncated inventory levels in December also contributed to plummeting top line.. IBB volumes remained low; given our understanding, BASF - a major customer is facing challenges with Ibuprofen manufacturing. With just a handful of customers in the global...
Impacted by shortage of nitric acid, Aarti Industries reported no small stress in its speciality chemicals business EBIT margins for it shrunk to 20.6% in Q3 from a gravity-defying 23.9% in Q2, resulting in flat lining of its EBIT. Wherefore, NCB production plunged 16.1% to 14900 tons while Aarti could churn out just 1666 tons of nitro toluene last quarter when compared to 4000 tons in the same quarter a year ago. Volumes barely showed any buoyancy...
BAL started manufacturing acetonitrile from November with an installed capacity of 9000 tons. The domestic demand for acetonitrile is around 12000 tons annually. BAL is currently manufacturing ~3000 tons of...
The Company is a manufacturer of automotive components. It manufactures steel forgings in raw, semi-machined machined and fully machined stages in various...
Buttressed by propitious raw material prices, operating profit surged by an blistering 25.8% to Rs 220.93 crs last quarter compared to Rs 175.65 crs in the same quarter a year ago, unwearyingly resuscitating OPMs to 16.9% from 12.5%, Not immodest rise in depreciation (Rs 51.54 crs Vs Rs 45.48 crs) help pretax earnings to expand by 25.3% and post tax...
CCL Products produces several varieties and blends of coffee including spray dried coffee powder, spray dried agglomerated / granulated coffee, freeze dried coffee and freeze concentrated liquid coffee. It is also certified to supply organic coffee, rainforest alliance coffee, UTZ certified coffee and...
es in America and Europe (revenue growth of 14.8% and 17.7% y-o-y respectively in the same period). ). While Personal Care category grew by 21.3% y-o-y, Oral Care category which contributes to almost 58% of the...
