BASF India announces 15% increase in sales for Q2 2020-2021

BASF India on a standalone basis, registered sales of Rs 23,958.0 million for the second quarter, which ended on 30 September 2020, as compared to Rs 20,743.3 million in the corresponding quarter of the previous year, representing an increase of 15%. The company reported profit before tax (before exceptional items) of Rs 1,087.5 million compared to profit before tax (before exceptional items) of Rs. 140.8 million in the prior-year quarter. For the half-year, which ended on September 30, 2020, the company registered sales of Rs 41,655.0 million, as compared to Rs 36,880.8 million for the corresponding period of the previous year, an increase of 13%. Profit Before Tax (before exceptional items) stood at Rs 709.5 million for the half-year, compared to Profit Before Tax (before exceptional items) of Rs 316.4 million for the previous year’s corresponding period. Profit After Tax (after exceptional items) stood at Rs 3,818.3 million in the second half of 2020, compared to Profit After Tax (after exceptional items) of Rs 105.2 million posted in the corresponding period of the previous year.…

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