Clariant (India) Limited, a manufacturer and supplier of dyes and speciality chemical products for the leather, textiles, and paper industry and masterbatches for plastics, textile-fibre and polymer industry, has recorded sales turnover of Rs. 92.7 crore ($20,563,442) in the second quarter of the current financial year 2005-06 against Rs 84.4 crore in the same period last year, registering a growth of 10%. Net profit after tax amounted to Rs7.2 crore, 37% higher than the Rs5.2 crore reported during the same period in the previous financial year.

For the first half of the current financial year, the company recorded a sales turnover of Rs182.8 crore against Rs161.4 crore registering, an increase of 13% and has earned net profit after tax of Rs12.9 crore as against Rs10.1 crore, which equates to 28% growth.

Dyes & Chemicals and Masterbatches recorded sales growth of 9% and 28% for the quarter and 12% and 41% respectively for the half year ended September 30, 2005.

The textile business, which occupies a dominant position in the product portfolio and sales of the company, recorded impressive growth of 24% for the second quarter and 21% for the first half of the current financial year.

During the quarter, the company also received re-certification as ISO 9001 from KPMG.