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Q4FY17 Results : BASF India Ltd

BASF India Ltd. reported its results for the quarter ended March 31, 2017 on Thursday.

The company's total sales for Q4FY17 were Rs 1275.3 crore, which represent a 13.6 per cent sequential increase and 10.7 per cent YoY increase.

Its operating profit (EBIT) for the quarter was Rs 80.8 crore and its EBIT margin stood at 6.3 per cent.

The company reported PAT of Rs 42.6 crore, which represents a sequential QoQ decline of 190.3 per cent and a YoY decline of 46 per cent.

The boad of directors has recommended a dividend of Rs 1 per equity share of FV of Rs 10 each.

The company's stock opened at Rs 1338.2 and touched an intra-day high and low of Rs 1384 and 1305.40, respectively, on the BSE.

BASF India Limited is an India-based company. Its business segments include agricultural solutions, performance products, plastics, chemicals and others. The agricultural solutions segment is engaged agrochemicals. The performance products segment includes tanning agents, leather chemicals, textile chemicals, dispersion chemicals, specialty chemicals and fine chemicals for the food, pharmaceuticals, animal feed and cosmetics industries. The plastics segment consists of expandable polystyrene and engineering plastics. The chemicals segment includes inorganic chemicals, intermediates and petrochemicals.

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