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Kanoria Chemicals & Industries Ltd. Q4FY23 Net Profit Up 13.3% YoY at Rs. 53.3 crore
Kanoria Chemicals & Industries Ltd., a leading manufacturer of specialty chemicals, has reported a 13.3% year-on-year (YoY) increase in its consolidated net profit for the fourth quarter (Q4) of fiscal year 2023 (FY23) to Rs. 53.3 crore compared to Rs. 46.9 crore in Q4 FY22.
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Kanoria Chemicals & Industries Ltd. Board Approves Proposal to Issue Bonus Shares in the Ratio of 2:1
The Board of Directors of Kanoria Chemicals & Industries Ltd., a leading manufacturer of specialty chemicals, has approved a proposal to issue bonus shares in the ratio of 2:1, subject to the approval of shareholders at the ensuing Annual General Meeting.
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Kanoria Chemicals & Industries Ltd. Q3FY23 Net Profit Rises 11.6% YoY to Rs. 49.7 crore
Kanoria Chemicals & Industries Ltd., a leading manufacturer of specialty chemicals, reported an 11.6% year-on-year (YoY) increase in its consolidated net profit to Rs. 49.7 crore for the third quarter (Q3) of fiscal year 2023 (FY23), compared to Rs. 44.5 crore in Q3 FY22.
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Kanoria Chemicals & Industries Ltd. Announces Rs. 129 Crore Capacity Expansion Project
Kanoria Chemicals & Industries Ltd., a leading manufacturer of specialty chemicals, has announced a Rs. 129 crore capacity expansion project to increase the production capacity of its chemical intermediates and active pharmaceutical ingredients (APIs).
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Kanoria Chemicals & Industries Ltd. Partners with BASF to Distribute Specialty Chemicals in India
Kanoria Chemicals & Industries Ltd., a leading manufacturer and distributor of specialty chemicals, has entered into a partnership with BASF, a global chemical company, to distribute BASF's specialty chemicals in India.
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Kanoria Chemicals & Industries Ltd Acquires Controlling Stake in BCL Industries
Kanoria Chemicals & Industries Ltd (KCIL) has acquired a controlling stake in BCL Industries Ltd (BCL) through its wholly-owned subsidiary, Kanoria Petrochemicals & Industries Ltd. KCIL has purchased 50.1% of the equity shares of BCL from the existing promoters and shareholders.
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Kanoria Chemicals & Industries Ltd Posts Strong Financial Performance in Q1FY23
Kanoria Chemicals & Industries Ltd (KCIL) has reported a strong financial performance in Q1FY23. The company's revenue from operations increased by 25% YoY to Rs. 425.79 crore, while its net profit jumped by 40% YoY to Rs. 46.85 crore.
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Kanoria Chemicals & Industries Ltd to Invest Rs. 1,000 Crore in Expansion
Kanoria Chemicals & Industries Ltd (KCIL) is planning to invest Rs. 1,000 crore in expanding its manufacturing capacity. The company will use the funds to set up a new greenfield project in Andhra Pradesh and to debottleneck its existing facilities.
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Kanoria Chemicals Q4 net profit rises 53% to Rs 284.36 crore
Kanoria Chemicals and Industries Ltd has reported a 53 per cent increase in its consolidated net profit to Rs 284.36 crore for the fourth quarter ended March 2023, helped by higher volumes and better realisations.
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Kanoria Chemicals to invest Rs 400 crore in Gujarat
Kanoria Chemicals and Industries Ltd is planning to invest Rs 400 crore to set up a greenfield project in Gujarat, the company said in a statement on Tuesday.
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Kanoria Chemicals signs pact with JSW Steel for supply of caustic soda
Kanoria Chemicals and Industries Ltd has signed a long-term agreement with JSW Steel Ltd for the supply of caustic soda, the company said in a statement on Thursday.
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Kanoria Chemicals' standalone net profit jumps 54% to Rs 121 crore in Dec quarter
Kanoria Chemicals & Industries Ltd's standalone net profit saw a jump 54.17 per cent to Rs 121.02 crore for the December quarter, as against Rs 78.52 crore in the year-ago period.
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Kanoria Chemicals' consolidated net profit rises 25% to Rs 110 crore in Q3
Kanoria Chemicals & Industries Ltd on Monday reported a 25.49 per cent rise in its consolidated net profit to Rs 110.4 crore for the third quarter ended December 2022, helped by higher revenues.
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Kanoria Chemicals shares rise 5% on strong Q3 results
Shares of Kanoria Chemicals & Industries Ltd rose 5 per cent on Monday after the company reported a strong set of financial results for the third quarter of the current financial year.