Himadri Speciality Chemical Ltd News
Himadri Q2 results: PAT jumps 33% to Rs 134 cr driven by higher margins
Himadri Speciality Chemical Ltd on Wednesday reported a 33 per cent year-on-year jump in net profit to Rs 134 crore for the quarter ending September 30, 2024 (Q2FY'25), driven by higher margins. The revenue in Q2FY'25 stood at Rs 1,135 crore, reflecting a 13 per cent increase compared to Rs 1,005 crore in Q2FY'24. EBITDA surged 29.1 per cent to Rs 201 crore during the quarter, up from Rs 156 crore in the same quarter last year. Commenting on the performance, the CMD and CEO of Himadri Speciality Chemical Ltd, Anurag Choudhary, said, "Our balance sheet continues to remain strong with a positive cash balance of Rs 255 crore. Our strategic focus on profitability and a prudent balance sheet has contributed to better performance." "The successful completion of our first export shipment of liquid coal tar pitch in October 2024 paves the way for large global liquid coal tar pitch markets," he said, highlighting the company's export milestone. Choudhary further outlined the company's capit
 "Himadri Q2 results: PAT jumps 33% to Rs 134 cr driven by higher margins")
Himadri Speciality Q1 results: PAT jumps 40% to Rs 123 cr, Ebitda up 43%
Himadri Speciality Chemical Ltd (HSCL) on Tuesday reported a 40 per cent year-on-year jump in net profit to Rs 123 crore in the first quarter of the current fiscal and said it will retain the traction for the year backed by volume and margin growth. EBITDA increased by 43 per cent year-on-year to approximately Rs 188 crores in Q1FY'25, up from Rs 131 crore in the corresponding quarter of the previous fiscal year. Sales also jumped to Rs 1200 crore during the quarter expanding by 26 per cent. "We have posted robust growth in sales and profitability driven by our value-added speciality products in both coal tar, speciality oils and speciality carbon black. The traction will continue due to various factors," Anurag Choudhary, CMD & CEO of Himadri Speciality, told PTI. Explaining the factors, he said Himadri being the leader with 65 per cent market share in coal tar pitch and remains one of the cheapest producers in the segment, there is no Chinese threat unlike other chemical ...
 "Himadri Speciality Q1 results: PAT jumps 40% to Rs 123 cr, Ebitda up 43%")
