India : Clariant Chemicals rises net profit by 40% in Q4

February 27, 2008

Clariant Chemicals (India) Limited has reported Net Sales of INR 2132 million during Q4, 2007 (Previous Year INR 2282 million). During the same period, it reported Profit after Tax of INR 104 million (Previous year INR 74 million) – an increase by 40%.

For the year 2007, its Net Sales were INR 8614 million and Profit after Tax stood at INR 318 million after adjustment of exceptional items of INR 313 million.

The Board of Directors has declared 100 % Dividend (INR Rs.10/-per share).

Clariant is a global leader in the field of specialty chemicals. Strong business relationships, commitment to outstanding service and wide-ranging application know-how make Clariant a preferred partner for its customers.

Clariant, which is represented on five continents with over 100 group companies, employs about 21,500 people. Headquartered in Muttenz near Basel, it generated sales of around CHF 8.1 billion in 2006. Clariant’s businesses are organized in four divisions: Textile, Leather & Paper Chemicals, Pigments & Additives, Functional Chemicals and Masterbatches.

Clariant Chemicals (India) Limited