Nine month performance
Standalone sales were higher by 13% to Rs 560.88 crore upside coming largely from engineering business whose sales were up by 20% to Rs to Rs 306.40 crore. The segment sales of chemicals and consumer products were up by 7% and 5% respectively to Rs 222.10 crore and RS 60.45 crore. At EBIT level while that of engineering was up by 61% (to Rs 10.20 crore) that of chemicals was up by 21% (to Rs 31.53 crore). The segment profit of consumer products continue to be in red with a loss of Rs 3.37 crore compared to a loss of Rs 1.98 crore in the corresponding previous period. The PBT was up by 53% to Rs 26.76 crore. After accounting for tax provision of RS 8.91 crore (up 64%) the net profit was eventually up by 48% to Rs 17.85 crore.