In Q2, Ester Industries swung from a consolidated net loss of Rs 30.44 crore to a net profit of Rs 3.01 crore year-on-year (Y-o-Y)
The company has entered into long term agreement with Shaw Industries Group Inc, USA to supply circa 2,500 tonnes per annum of stain resistant master batch to world's leading carpet manufacturer
Firm's promoters had bought back five per cent stake from Vettel International in October for Rs 20 crore, to increase its focus on speciality polymers