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Clariant’s sales up by 6.7%

Deepak Parikh, vice-chairman andmanaging director, Clariant Chemicals(India)
Deepak Parikh, vice-chairman and manager, Clariant Chemicals (India)

Clariant Chemicals (India)'s cyberspace sales for the core continuing businesses grew by 6.seven% for the nine months ended 30September 2015. During the three-month period ended 30September 2015, the sales in the company'due south cadre concern segments registered a marginal increment of 0.four%. The profit and loss earlier exceptional items for the iii months ended September 2015 was at Rs. five crore as against Rs. iii crore in the previous year.

Deepak Parikh, vice-chairman and managing director, Clariant Chemicals(Bharat), said, "Clariant in Bharat continues to demonstrate positive growth trends, despite our exports beingness softer owing to the slowdown in sure geographies. The company remains commit-ted to assisting product portfolio direction, enhancing productivity,sharpening customer focus and intensifying its innovation drive. As part of ourfuture-proofing strategy, nosotros are continuously investing in our assets. The new Masterbatches unit in Vashere near Bhiwandi in Mumbai is some other pregnant footstep in this direction. Nosotros are committed to bulldoze accelerated growth in India and expect the outlook for the next quarter to be positive."

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