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Wednesday, Jul 20, 2005

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Corporate Results - Paints


ICI India net up 25 pc

Our Bureau

NEW DELHI: ICI India Ltd has reported 25 per cent year-on-year increase in net profit in the quarter ending June 30 to Rs 15.83 crore.

The revenues of the company during the quarter were also up 25 per cent to Rs 222.46 crore, a release said here.

The company said all its businesses performed significantly better than last year. In paints business, the sales increased by 24 per cent to Rs 155 crore during the quarter, while the growth in chemicals business was 25 per cent at Rs 90 crore.

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