BASF India has reported unaudited results for the first quarter ended June 30, 2011.
The company’s profit for the quarter ended June 30, 2011 has surged by 7.78% at Rs 52.66 crore as compared to Rs 48.86 crore for the corresponding quarter last year. Total income has zoomed by 53.15% at Rs 1016.34 crore for the quarter under review from Rs 663.61 crore for the same quarter last year.
BASF India is a leading player in chemical sector and manufactures and markets a wide range of products such as expandable polystyrene, tanning agents, leather chemicals and auxiliaries including specialized metal complex dyes etc. in primary forms and crop protection chemicals.