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Himadri Speciality Q1 results: PAT jumps 40% to Rs 123 cr, Ebitda up 43%

Business Standard LogoBusiness Standard5h ago

Himadri Speciality Q1 results: PAT jumps 40% to Rs 123 cr, Ebitda up 43% - Business Standard

Quick Summary:

Himadri Speciality Chemical Ltd (HSCL) on Tuesday reported a 40 per cent year-on-year jump in net profit to Rs 123 crore in the first quarter of the current fiscal and said it will retain the traction for the year backed by volume and margin growth.

EBITDA increased by 43 per cent year-on-year to approximately Rs 188 crores in Q1FY'25, up from Rs 131 crore in the corresponding quarter of the previous fiscal year.

"We have posted robust growth in sales and profitability driven by our value-added speciality products in both coal tar, speciality oils and speciality carbon black.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-16 @ 18:35:28 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 468 words

Reading Time: 3 minutes read

Sentences: 12 lines

Sentence Length: 39 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21653279

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 251 posts per day

Year Established: 1975

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News Last Updated: 2 hours ago

Coverage Areas: India

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Publisher ID: #49

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