Manali Petrochemicals Reports Nearly 30% Increase in Net Profits
Manali Petrochemicals Ltd. (MOL) has reported a 29.81% rise in net profits to Rs. 54.87-crore in FY18, as against Rs. 42.27-crore during the previous year ended March 2017. Sales rose 10.73% to Rs. 645.33-crore in FY18 (Rs. 582.79-crore). In the quarter ended March 2018 (Q4FY18) net profit rose 294.67% to Rs. 26.64-crore (Rs. 6.75-crore), as sales rose 26.04% to Rs. 189.93-crore (Rs. 150.69-crore). Operational numbers were very strong as operating profit (EBITDA) shot up 40% to Rs. 43.5-crore and margin expanded 390 basis points to 22.9% compared to the previous quarter.
Looking for chemical products? Let suppliers reach out to you!
You May Interested In
2026-07-04
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
MOL opens €1.3 billion polyol complex in Hungary
-
Revenue 37.7 billion, net profit 2.6 billion, East China medicine 'double increase' era
-
Net profit cut in half! The revenue of Shanghai Huayi Group in 2022 fell 2.97% year-on-year to 38.511 billion yuan
-
Hungary’s MOL breaks ground on 200,000 tonne/year polyol project
-
Net profit of central enterprises reached 158.49 billion yuan in June
-
Address Change Declaration（ECHEMI SPECIALTIES)
-
International Workers' Day Holiday Notice and Service Arrangement
-
Notice of 2026 Chinese New Year Holiday
-
ICIS Global No.58: ECHEMI Again Ranks Among the World’s Chemical Distributors
-
Supporting Each Other | ECHEMI Employees Voluntarily Raise Funds for Flood Relief in Southern Thailand
Recommend Reading
-
New Location, New Horizon: ECHEMI Thailand Branch Embarks on a New Chapter
-
China’s API Export Shift Takes Center Stage at API China 2026
-
Cost Easing and Weakening Year-End Demand Leave Acrylic Market Stuck in a Standoff
-
Supply-Demand Dynamics Dominate Market Trends; Formic Acid Prices Stabilize and Remain Flat
-
Support Effective, January Normal Butanol Market Price Increase Exceeds 18% in China
-
Cost Support Drives Slight Rise in Toluene Market in January
-
Crude Oil Surge Leads to Significant Increase in This Round of Retail Fuel Prices in China