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BASF India reports 18% fall in Q2 net profit

23 Oct 2012 Evaluate

BASF India has reported results for second quarter ended September 30, 2012. 

The company has reported a fall of 17.81% in its net profit at Rs 28.10 crore for the quarter ended September 30, 2012 as compared to Rs 34.19 crore for the same quarter in the previous year. Total income however, increased by 4.94% at Rs 1006.61 crore for quarter under review as compared to Rs 959.26 crore for the quarter ended September 30, 2011.

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.

Peers
Company Name CMP
Godrej Industries 1107.45
SRF 2561.00
BASF India 3607.50
Pidilite Inds. 1566.10
Tata Chemicals 693.50
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