Camlin Fine Chemicals announced its unaudited financial results

* PBT up by 97% to Rs. 300.06 lacs;
* EBIDTA up by 36.9 % to Rs. 738.80 lacs.
* Sales/Income from Operations up by 23%

Camlin Fine Chemicals Ltd., today announced its financial results for the Half Year ended 30th September, 2008. The company posted profit before tax of Rs. 300.06 lacs, EBIDTA of Rs. 738.80 lacs and announced that the sales/Income from operations have grown by 23%.

Performance highlights for the Half yearly results

* EBIDTA stood at Rs. 738.80 lacs during the half year ended 30th September, 2008 as against Rs.539.48 lacs during the same period of previous year, thereby registering a growth of 36.9%.

* Profit before tax stood at Rs. 300.06 lacs during the Half year ended 30th September, 2008 as against Rs.152.56 lacs during the same period of previous year, thereby registering a growth of 97%.

* Sales/Income from Operations stood at Rs. 4719.95 lacs during the half year ended 30th September, 2008 as against Rs.3838.43 lacs during the same period of previous year, thereby registering a growth of 23%.

Mr. Ashish Dandekar commented, “I am very happy to announce that we have had a positive growth despite the current global financial scenario. With increasing commodity prices, players across the globe will look actively at shelf life enhancers like our anti-oxidants to minimize losses. As suppliers to the manufacturers of food and beverages, cattle and poultry food, oil refining companies, this makes us well poised for growth internationally.”

He added, “The global focus on food, oil and agriculture will continue and we expect the demand to sustain/witness a healthy growth. We have very high capacities and are equipped to ramp up production at a short notice if required.”

About Camlin Fine Chemicals Ltd.
Camlin Fine Chemicals Ltd. is focused on a vision to be the largest food antioxidant and ingredient manufacturer worldwide. CAMLIN FINE CHEMICALS LTD. will achieve the mission by placing the needs of our customers first, creating quality products, innovating technology, and fostering continuous improvements in our people, products and processes.

CAMLIN FINE CHEMICALS LTD. believes in building the business on basic values:

* A focused approach towards manufacturing our products
* Hard work and excellence in all our efforts
* Team work across functions