Net profit of Ultramarine & Pigments declined 20.80% to Rs 17.25 crore in the quarter ended September 2023 as against Rs 21.78 crore during the previous quarter ended September 2022. Sales declined 3.54% to Rs 146.29 crore in the quarter ended September 2023 as against Rs 151.66 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales146.29151.66 -4 OPM %16.5417.02 - PBDT27.4531.77 -14 PBT21.9627.60 -20 NP17.2521.78 -21 Powered by Capital Market - Live News

Ultramarine & Pigments announced that the company through its wholly owned subsidiary, Ultramarine Specialty Chemicals has successfully commissioned Pigments project-phase 2 at 59A, Andhra Pradeshlndustrial Park, Naidupet, SPSR Nellore, Andhra Pradesh. The commercial production of the plant has commenced on 31 August 2023. The total capacity of phase 2 is 2800 MT, off which 550 MT capacity has been commissioned till date. Powered by Capital Market - Live News

Ultramarine & Pigments has commissioned the specialty chemical project set up at 60&61, Andhra Pradesh Industrial Park, Naidupet, SPSR Nellore, Andhra Pradesh. The plant has a capacity of 1800 MT. Powered by Capital Market - Live News

Net profit of Ultramarine & Pigments declined 3.27% to Rs 16.54 crore in the quarter ended June 2023 as against Rs 17.10 crore during the previous quarter ended June 2022. Sales remain constant at Rs 130.52 crore in the quarter ended June 2023 and also during the previous quarter ended June 2022. ParticularsQuarter Ended�Jun. 2023Jun. 2022% Var. Sales130.52130.52 0 OPM %20.6319.86 - PBDT27.1426.44 3 PBT22.1123.11 -4 NP16.5417.10 -3 Powered by Capital Market - Live News

Ultramarine & Pigments will hold a meeting of the Board of Directors of the Company on 25 July 2023.Powered by Capital Market - Live News