Thirumalai Chemicals Limited Announces Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2017
January 17, 2018 at 11:57 am
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Thirumalai Chemicals Limited announced unaudited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2017. For the quarter, on standalone basis, the company reported revenue from operations of INR 2,548.4 million against INR 2,383.9 million a year ago. Total income was INR 2,580.1 million against INR 2,418.5 million a year ago. Profit before tax was INR 641.5 million against INR 303.7 million a year ago. Profit for the period was INR 432.4 million or INR 42.24 basic and diluted per share against INR 187.6 million or INR 18.32 basic and diluted per share a year ago.
For the nine months, on standalone basis, the company reported revenue from operations of INR 7,987.9 million against INR 6,636.7 million a year ago. Total income was INR 8,068.1 million against INR 6,718.9 million a year ago. Profit before tax was INR 1,725.0 million against INR 813.7 million a year ago. Profit for the period was INR 1,147.2 million or INR 112.04 basic and diluted per share against INR 524.7 million or INR 51.25 basic and diluted per share a year ago.
For the quarter, on consolidated basis, the company reported revenue from operations of INR 3,456.2 million against INR 2,701.1 million a year ago. Total income was INR 3,475.5 million against INR 3,144.0 million a year ago. Profit before tax was INR 708.6 million against INR 270.4 million a year ago. Profit for the period was INR 514.6 million or INR 50.26 basic and diluted per share against INR 150.9 million or INR 14.74 basic and diluted per share a year ago.
For the nine months, on consolidated basis, the company reported revenue from operations of INR 10,068.5 million against INR 7,839.5 million a year ago. Total income was INR 10,122.4 million against INR 7,863.0 million a year ago. Profit before tax was INR 1,920.1 million against INR 814.8 million a year ago. Profit for the period was INR 1,307.4 million or INR 127.69 basic and diluted per share against INR 515.8 million or INR 50.38 basic and diluted per share a year ago.
Thirumalai Chemicals Limited is an India-based company, which is engaged in the manufacturing of phthalic anhydride, maleic anhydride, fumaric acid and fine chemicals. It operates through the manufacture and sale of organic chemicals segment. Its product, phthalic anhydride, is used in the manufacturing of unsaturated polyester resins (UPR), which are commonly used in fiberglass-reinforced plastics. Phthalic anhydride also has applications in the production of herbicides, insecticides, insect repellents, fire retardants, polyester polyols, and rubber scorch inhibitors. Its malic acid is used in the manufacture of skin and dental care products and can be used in a number of technical applications, such as electroplating and metal cleaning. The fumaric acid products are used in the manufacturing of medicines, drinks, food, animal feed, cleansing agents, unsaturated polyester, alkyd resins, and printing inks. Its diethyl phthalate (DEP) is used to make plastics more flexible.
Thirumalai Chemicals Limited Announces Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2017