Himadri Speciality Chemical Limited reported results for the quarter and full year ended 31st March 2023.

 

 

 

Another quarter of consistent & sustainable performance

Sales Volume (MT) Revenue (In Rs. Crs)

98,745 98,107 99,989

Q4FY22 Q3FY23 Q4FY23

Q4FY22 Q3FY23

Q4FY23

EBITDA (In Rs. Crs) PAT (In Rs. Crs)

Q4FY22 Q3FY23 Q4FY23 Q4FY22 Q3FY23 Q4FY23

Standalone Financials

Commenting on the results and performance, Mr. Anurag Choudhary, CMD of Himadri Speciality Chemical Ltd said:

We are pleased to report robust performance with highest ever revenue in FY23.

Our strong focus on core businesses and our ongoing commitment to providing value-added products, coupled with our investment in R&D, innovation, and improvements to our business model, have consistently led us to achieve sustainable results and grow our profitability.

India’s push for green economy is driving significant growth in the electric vehicle (EV) industry. To reduce dependence on imports, the government is emphasizing the need for localized battery production, as currently, substantial part of lithium-ion cell requirements are being imported.

At Himadri, we are delighted to remain at the forefront of massive transition towards a green economy, aligned with India’s vision of becoming a self-reliant nation (Atmanirbhar Bharat) and reducing carbon emission.

Over the years, Himadri has created a strong product portfolio, improved facilities for advanced R&D and relied on world-class know-how to build a futuristic organisation. Our deep domain knowledge, coupled with an innate ability to imbibe change and foster novel approaches has kept us a step ahead of the competition.

Along with this, our core business is performing well, and we remain committed to improving our financial position. We continue to make progress and have significantly deleveraged our balance sheet by reducing debt substantially.

We are confident that with our strong business model and strategic focus, we will continue to achieve sustainable growth in the future.

About Himadri Speciality Chemical Ltd

Himadri Speciality Chemical Ltd (“Himadri Speciality”) was established in 1987, is a leading Carbon corporation with one-of-its-kind vertical integration in the world with headquarters in Kolkata, West Bengal.

The Company is a market leader and significant market player in multiple product segments like Coal Tar Pitch, Carbon Black, Naphthalene and Refined Naphthalene, SNF, Speciality Oils, etc.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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