Aditya Birla Chemicals clocks Rs 2.21 cr net profit in Q3

NEW DELHI: AdityaBirla Chemicals (India) today reported a net profit of Rs 2.21 crore for the third quarter ended December 31, 2012.

The company had posted a net loss of Rs 6.18 crore in the year-ago period.

Net sales of Aditya Birla Chemicals (India), a unit of Aditya Birla Group, rose to Rs 201.23 crore in the third quarter this fiscal from Rs 172.67 crore in the same quarter of 2011-12 fiscal, it said in a filing to the BSE.

The company is a manufacturer of bulk and speciality chemicals and viscose filament yarn and its business is spread across multiple manufacturing locations in India, Thailand and China.

Shares of the company today rose marginally by 0.05 per cent to settle at Rs 94.90 apiece from their previous close at the BSE.