Clariant Chemicals zooms 19% on strong Q3 results, dividend of Rs 50/share

The specialty chemical company reported the Profit before exceptional item & tax of Rs 19 crore for Q3FY21, as compared to loss before tax of Rs 3.1 crore in the year-ago quarter

Shares of Clariant Chemicals (India), on Monday, soared 19 per cent to Rs 467 on the BSE in intra-day trade after the company’s board approved the payment of second interim dividend at Rs 50 per share i.e., 500 per cent for the financial year 2020-21. The company said the said interim dividend shall be paid on or after February 23, 2021. It has fixed February 2 as the record date for ascertaining the eligible shareholders to receive the dividend.

Meanwhile, specialty chemical company reported the Profit before exceptional item & tax of Rs 19 crore for the quarter ended