ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Railways
  • World
    • Economy
    • Politics
    • Markets
  • Survey
  • videos
  • photos
  • More ...
    • VIDEOS
    • PHOTOS
BREAKING NEWS
  • Mahindra & Mahindra stock hits 52-week high as brokerages bullish on counter post Scorpio-N launch; check target prices
  • GST Council meet begins today: Know agendas of Finance Minister Nirmala Sitharaman's led two-day meeting
  • Security deposit on commercial LPG connection goes up by Rs 1050 for 19-kg cylinder; check new rates
  • Cash-starved Sri Lanka to end fuel duopoly to ease fuel shortages
  • Xiaomi 12S series set to launch with Leica cameras on July 4: Check key details here
Read in App
Business News » Companies News

Himadri Speciality Chemical FY'19 profit up 31 pct at Rs 324 crore

The board recommended a dividend of 15 per cent of the total paid up equity capital with face value of Re 1 per equity share. "We have maintained our focus on reducing the working capital bringing it down to 23 per cent from 29 per cent.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Himadri Speciality Chemical FY'19 profit up 31 pct at Rs 324 crore
Himadri Speciality Chemical has posted 31 per cent rise in consolidated net profit to Rs 324 crore during the last fiscal, Photo: www.himadri.com

Himadri Speciality Chemical has posted 31 per cent rise in consolidated net profit to Rs 324 crore during the last fiscal on higher sales. Its net profit stood at Rs 248 crore in 2017-18, the Kolkata-based company said in a statement. Total revenue increased 20 per cent to Rs 2,422 crore in 2018-19 compared to Rs 2,022 crore in the previous year. The company continued to deliver solid performance across revenues and profit after tax (PAT) on the back of transformational strategy leading to better product mix with focus on high value products, the statement said.

The board recommended a dividend of 15 per cent of the total paid up equity capital with face value of Re 1 per equity share. "We have maintained our focus on reducing the working capital bringing it down to 23 per cent from 29 per cent. We have also reduced the net debt by Rs 200 crore to Rs 425 crore during the year while making significant capex investments towards next generation of carbon speciality products," Himadri Speciality Chemical CEO Anurag Choudhary said.

The company is entering into high technology businesses of advanced carbon material and speciality carbon black, he added. 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Kolkata
Written By: PTI
Updated: Fri, May 31, 2019
12:21 pm
New Delhi, PTI
RELATED NEWS
Housing sales in Mumbai rises 49% year-on-year in Jan-Mar 2021; Pune clocks 75% growth - Check Knight Frank India report Housing sales in Mumbai rises 49% year-on-year in Jan-Mar 2021; Pune clocks 75% growth - Check Knight Frank India report
Petrol and diesel price today (February 20): Fuel prices hiked for 12th straight day—check new rates in Delhi, Mumbai, Kolkata and Chennai Petrol and diesel price today (February 20): Fuel prices hiked for 12th straight day—check new rates in Delhi, Mumbai, Kolkata and Chennai
Veteran Bengali actor Soumitra Chatterjee passes away - Here is the reason behind his death Veteran Bengali actor Soumitra Chatterjee passes away - Here is the reason behind his death
Private schools must offer minimum 20 pct reduction in fees: HC order Private schools must offer minimum 20 pct reduction in fees: HC order

LATEST NEWS

Equitas Small Finance Bank increases FD, RD interest rates - Full Details

Mahindra & Mahindra stock hits 52-week high as brokerages bullish on counter post Scorpio-N launch; check target prices

Dalal Street Corner: Recovery in global market, buying in auto & metal stocks lift benchmarks; what should investors do on Wednesday?

Amazon Fab Phones Fest: Up to 40% off on smartphones from Apple, Xiaomi, Samsung, Tecno and more

ONGC chopper makes emergency landing in high-sea; 4 rescued

Mahindra Scorpio-N: 1st SUV model in the world to offer this amazing feature - Check what it is

Stocks to buy: Sanjiv Bhasin picks GMR, LTTS, HDFC AMC for gains today; check why

Gold rises Rs 52; silver falls Rs 60

Rakesh Jhunjhunwala Stock: What makes brokerage bullish on Indian Hotels, 21% upside seen - know reasons here

Rupee tanks 46 paise to close at record low of 78.83 against US dollar

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2022. India Dot Com Private Limited. All Rights Reserved.
LIVE TV