Clariant Chemicals Q2 profit rises by 27pc

Clariant Chemicals (India) Ltd today posted 27.1 per cent jump in net profit at Rs 4.40 crore in the July-September quarter of this fiscal compared to Rs 3.46 crore in the same period of last fiscal.
Total income fell to Rs 246.27 crore in the July- September period of 2017-18 from Rs 257.02 crore in the year- ago period, the company said in a regulatory filing.
However, expenses remained lower at Rs 239.74 crore in the second quarter of the current fiscal against Rs 251.66 crore in the year-ago.
The company is engaged in the business of speciality chemicals, plastics and coating.

Clariant shares fell by 0.38 per cent to settle at Rs 591 on BSE today.