Clariant Chemicals posts Q3 net profit of Rs 21 cr

Clariant Chemicals today reported net profit of Rs 21.45 crore for the quarter ended September 30 on account one-time income from sale of certain assets.

The company had reported a net loss of Rs 1.32 crore in the year-ago period.

Total income from operations fell to Rs 229.92 crore during July-September quarter of current financial year from Rs 256.07 crore in the year-ago period, as per the company's filing on BSE.

"Clariant in India continues to demonstrate positive growth trends, despite our exports being softer owing to the slowdown in certain geographies. The company remains committed to profitable product portfolio management, enhance productivity, sharpen our customer focus and intensify our innovation drive," company's Vice-Chairman and Managing Director Deepak Parikh said in a statement.

Shares of the company today closed at Rs 762.25 apiece on BSE.