basf
BASF's portfolio comprises six segments: chemicals, materials, industrial solutions, surface technologies, nutrition & care, and agricultural solutions.

BASF India, a multi-sectoral company, registered sales of Rs 136,447.7 million (Rs 136.44 billion) for the financial year ended March 31, 2023, as compared to Rs 130,997.3 million (Rs 130.99 billion) in the previous year, an increase of 4%. The company reported profit before tax (before exceptional items) of Rs 5,280.9 million (Rs 5.28 billion) as compared to profit before tax (before exceptional items) of Rs 7,473.6 million (Rs 7.47 billion) in the previous year.

For the quarter ended on March 31, 2023, the company registered sales of Rs. 32,768.9 million (Rs 32.76billion), as compared to Rs. 33,895.6 million (Rs 33.89 billion) for the corresponding period of the previous year, an decrease of 3%. Profit before tax (before exceptional items) stood at Rs. 969.2 million for the quarter that ended on March 31, 2023, compared to profit before tax (before exceptional items) of Rs. 1,785.1 million (Rs 1.78 billion) for the corresponding period of the previous year.

“Despite macroeconomic challenges, our company has shown resilience with our agricultural solutions, nutrition and care as well as surface technologies segments seeing consistent growth. We continue to efficiently manage working capital while increasing operations” said Alexander Gerding, managing director, BASF India. “We are pleased to see that the growth witnessed by the company over the years has also empowered us to contribute substantially for corporate social responsibility focused projects,” he added.

The board of directors have recommended a dividend of Rs 8 per equity share, i.e. 80% for the financial year ended 31 March 2023. This is subject to the approval of the shareholders at the forthcoming annual general meeting.

BASF’s portfolio comprises six segments: chemicals, materials, industrial solutions, surface technologies, nutrition & care and agricultural solutions.

Packaging South Asia — authentic, impactful and influential

An English-language packaging industry B2B platform in print and web, Packaging South Asia is in its 19th year of publication. We do not make any claims about being the best or the most widely read. However, if you are interested in targeting the Indian and South Asian markets to sell equipment, technology, software, and consumables, we can help.

To improve your marketing and grow sales, talk to us. Our research and consulting company IppStar [www.ippstar.org] can assess your potential and addressable markets in light of the competition. We can discuss marketing, communication, and sales strategies for market entry and growth.

Suppliers and service providers with a strategy and budget for targeted marketing can discuss using our hybrid print, web, video, and social media channels to create brand recognition linked to market relevance. Our platform and channels are differentiated by hands-on practice and an understanding of business and financials. Our team, including some of the best technical writers, is ready to meet you and your customers for content.

India and South Asia’s fast-growing packaging industry is continuously expanding capacities with efficiency and appropriate innovative technologies. Get our 2025 media kit and recalibrate your role in this dynamic market. Enhance your visibility and relevance to existing markets and turn potential customers into conversations. Ask for a sample copy of our monthly or two weekly packaging eZines.

For editorial info@ippgroup.in — for advertisement ads1@ippgroup.in and for subscriptions subscription@ippgroup.in

Naresh Khanna – 21 January 2025

Subscribe Now
unnamed 1

NEWSLETTER

Subscribe to our Newsletter

LEAVE A REPLY

Please enter your comment!
Please enter your name here