Himadri Chemicals PAT was up at Rs 32.77 crore in Q2

KOLKATA: Himadri Chemicals & Industries, manufacturers of coal tar pitch in India, reported a higher net profit of Rs 32.77 crore in the second-quarter (Q2) ended September 30, 2012, compared to Rs 22.96 crore net in the earlier corresponding period.

Net sales in the July-September quarter too was up by 11.76 % at Rs 314.37 crore (Rs 281.29 crore).
Elaborating on the company's Q2 performance, Himadri Chemicals & Industries CEO Anurag Choudhary said, "It has been a moderate quarter in terms of the company's topline growth. Going forward, our focus will be on consolidating on our domestic leadership by increasing volumes of existing business and creating a mark at the international market with our coal tar pitch plant in China."