Thirumalai Chemicals Limited Reports Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended of December 31, 2018
January 23, 2019 at 05:53 am
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Thirumalai Chemicals Limited reported unaudited standalone and consolidated earnings results for the third quarter and nine months ended of December 31, 2018. For the quarter, on a standalone basis, the company reported revenue from operations of INR 2,498.9 million compared to INR 2,538.4 million a year ago. Profit for the period was INR 102.2 million compared to INR 432.4 million a year ago. Basic earnings per share were INR 1.00 compared to INR 4.22 a year ago. Total income was INR 2,527.0 million compared to INR 2,570.1 million a year ago.
For the nine months, on a standalone basis, the company reported revenue from operations of INR 7,419.4 million compared to INR 7,962.0 million a year ago. Profit for the period was INR 806.5 million compared to INR 1,147.2 million a year ago. Basic earnings per share were INR 7.88 compared to INR 11.20 a year ago. Total income was INR 7,509.3 million compared to INR 8,042.2 million a year ago.
For the quarter, on a consolidated basis, the company reported revenue from operations of INR 3,235.5 million compared to INR 3,446.2 million a year ago. Profit for the period was INR 114.4 million compared to INR 514.6 million a year ago. Basic earnings per share were INR 1.12 compared to INR 5.03 a year ago. Total income was INR 3,260.2 million compared to INR 3,465.5 million a year ago.
For the nine months, on a consolidated basis, the company reported revenue from operations of INR 9,453.3 million compared to INR 10,042.6 million a year ago. Profit for the period was INR 958.4 million compared to INR 1,307.4 million a year ago. Basic earnings per share were INR 9.36 compared to INR 12.77 a year ago. Total income was INR 9,531.9 million compared to INR 10,096.5 million a year ago.
Thirumalai Chemicals Limited is an India-based company, which is engaged in the manufacturing of phthalic anhydride, maleic anhydride, fumaric acid and fine chemicals. It operates through the manufacture and sale of organic chemicals segment. Its product, phthalic anhydride, is used in the manufacturing of unsaturated polyester resins (UPR), which are commonly used in fiberglass-reinforced plastics. Phthalic anhydride also has applications in the production of herbicides, insecticides, insect repellents, fire retardants, polyester polyols, and rubber scorch inhibitors. Its malic acid is used in the manufacture of skin and dental care products and can be used in a number of technical applications, such as electroplating and metal cleaning. The fumaric acid products are used in the manufacturing of medicines, drinks, food, animal feed, cleansing agents, unsaturated polyester, alkyd resins, and printing inks. Its diethyl phthalate (DEP) is used to make plastics more flexible.
Thirumalai Chemicals Limited Reports Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended of December 31, 2018