Himadri Speciality Chemical advanced 1.29% to Rs 656.95 after the company reported 35% rise in consolidated net profit to Rs 135.70 crore on a 13% increase in revenue from operations to Rs 1,136.92 crore in Q2 FY25 over Q2 FY24.
Total expenses during the period under review went up by 9% YoY to Rs 953.19 crore. This was primarily due to higher raw material costs (up 11% YoY), higher employee expenses (up 23% YoY) and higher other expenses (up 11% YoY).
Profit before tax in Q2 FY25 stood at Rs 197.30 crore, up by 42% from Rs 139.10 crore in Q2 FY24.
For H1 FY25, Himadri Speciality has recorded revenues and PAT of Rs 2,337.33 crore (up 20% YoY) and Rs 258.48 crore (up 38% YoY), respectively.
Himadri Speciality Chemical is engaged in the production of carbon chemical products. HSCL is the leading producer of CTP and the third-largest producer of CB in India.
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