Clariant India reports rise in sales turnover

30/01/2006

Manufacturer of dyes and speciality chemical products for textiles, leather and masterbatches for the plastics and polymer industry, Clariant (India) Limited, has recorded sales turnover (net of excise) of Rs100 crore ($22.6 million) in the third quarter of current financial year 2005-06 against Rs92.8 crore in the same period in the previous financial year, a rise of 7.7%.

For the nine months of the current financial year, the company sales turnover increased by 11.2% to Rs282.8 crore against Rs. 254.2 crore in the same period a year earlier.

Industry segments Dyes & Chemicals and Masterbatches recorded sales growth of 7% and 29% for the quarter and 10% and 36% respectively for the nine-month period.