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Meghmani Organics (MOL) has reported a fall of 43.81% in the net profit at Rs 1.68 crore for the quarter ended March 2012, as compared to Rs 2.99 crore in the corresponding period previous year.

The company’s net sales for the period stood at Rs 174.57 crore, down by 9.67% from Rs 193.25 crore in the same period previous year.

MOL is a manufacturer of agrichemicals, pigment and other specialty chemical products. It operates an electrolysis plant, Meghmani Finechem, at Dahej. The caustic chlorine produced by it will be procured by Trience for its CPVC production. 

Peers
Company Name CMP
UPL 522.00
PI Industries 2245.00
Bayer CropScience 3555.45
Sharda Cropchem 710.30
Sumitomo Chem. India 417.30
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