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insolvency

Himadri stated that the Kolkata bench of NCLT had given a 'verbal' approval of the insolvency resolution plan of Birla Tyres

Business Standard

Q2 earnings, Q2

Operating in both domestic and international markets, Himadri Speciality Chemical exports to 49 countries worldwide

Lithium-ion cells

Analysts at ICRA said that a significant improvement in HSCL's operating profit in FY23 compared to FY22 and FY21, driven by higher Ebitda/MT will likely sustain going forward

q1 results, earnings, companies, india inc, corporate

Himadri Speciality Chemical Limited's profit after tax during the June 2023-24 quarter has more than doubled to Rs 86 crore, on account of reduced expenses.
It had posted Rs 38 crore profit after tax (PAT) in the corresponding period in 2022-23, Himadri Speciality Chemical Limited (HSCL) said in a regulatory filing on Tuesday.
However, the company's total income fell to Rs 961 crore from Rs 1,048 crore in the year-ago quarter, it said.
The expenses also reduced to Rs 842 crore from Rs 1,000 crore earlier.
"Our performance during this period is attributable to the consistent move towards value-added products. Our business priorities are aligned with global sustainability goals," Anurag Choudhary, CMD & CEO of Himadri Speciality Chemical Ltd said.
He further said that the role of lithium-ion batteries (LiB) technology has evolved and stabilized over the last few decades to become commercially feasible across all segments viz. electric vehicles, energy storage and consumer ...

News

NCLT approves Himadri, Dalmia Group's joint resolution plan of Birla Tyres

Himadri Speciality Chemical reports 5.1% revenue decline in Q2FY24

This specialty chemicals stock zoomed 48% in a month; here's why

Himadri Speciality Chemical Q1 net profit more than doubles to Rs 86 cr