Net loss of Clariant Chemicals (India) reported to Rs 1.41 crore in the quarter ended June 2017 as against net profit of Rs 14.06 crore during the previous quarter ended June 2016. Sales rose 1.33% to Rs 263.07 crore in the quarter ended June 2017 as against Rs 259.61 crore during the previous quarter ended June 2016.

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Clariant Chemicals (India) has fixed 04 August 2017 as record date for payment of final dividend. The final dividend will be paid on or after 18 August 2017, if declared.

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Clariant Chemicals (India) announced that the Board of Directors of the Company at its meeting held on 23 May 2017, inter alia, have recommended the final dividend of Rs 25 per equity Share (i.e. 250%) , subject to the approval of the shareholders.

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Net profit of Clariant Chemicals (India) declined 26.23% to Rs 7.82 crore in the quarter ended March 2017 as against Rs 10.60 crore during the previous quarter ended March 2016. Sales declined 0.81% to Rs 243.58 crore in the quarter ended March 2017 as against Rs 245.57 crore during the previous quarter ended March 2016.

For the full year,net profit declined 58.77% to Rs 24.48 crore in the year ended March 2017 as against Rs 59.37 crore during the previous year ended March 2016. Sales declined 14.40% to Rs 941.13 crore in the year ended March 2017 as against Rs 1099.47 crore during the previous year ended March 2016.

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