NOCIL Limited Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2017
January 31, 2018 at 02:11 pm IST
Share
NOCIL Limited reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2017. For the quarter, the company’s revenue from operations was INR 2,492.7 million as compared to INR 1,956.8 million a year ago. Total income was INR 2,524.5 million as compared to INR 1,983.8 million a year ago. Profit before tax was INR 685.1 million as compared to INR 374.5 million a year ago. Profit was INR 449.7 million as compared to INR 248.9 million a year ago. Diluted earnings per share (not annualized) was INR 2.70 as compared to INR 1.50 a year ago.
For the nine months, the company’s revenue from operations was INR 7,134.1 million as compared to INR 6,084.9 million a year ago. Total income was INR 7,245.3 million as compared to INR 6,158.3 million a year ago. Profit before tax was INR 1,766.8 million as compared to INR 1,131.0 million a year ago. Profit was INR 1,176.6 million as compared to INR 758.7 million a year ago. Diluted earnings per share (not annualized) was INR 7.10 as compared to INR 4.64 a year ago.
NOCIL Limited is an India-based rubber chemicals manufacturer. The Company manufactures rubber chemicals for tire and other rubber product manufacturing industry. The Companyâs products find use in various other areas, such as pre-vulcanization inhibition, post-vulcanization stabilization and latex-based applications. Its solutions also extend to enhancing the thermal stability of cross-links in rubber products. The Companyâs brands are PILFLEX anti-degradants, PILNOX antioxidants, PILCURE accelerators, post vulcanization stabilizer and PILGARD pre-vulcanization inhibitor. Its products include PILFLEX 13, PILNOX TDQ, PILNOX TDQ (HP), PILNOX SP, PILCURE MBT, PILCURE MBTS, PILCURE ZMBT, PILCURE F, PILCURE CBS, PILCURE NS, PILCURE MOR, PILCURE TMT, PILCURE ZDC, PILCURE ZDBC, PILCURE SDBC, PILCURE ZBZDC, PILGARD PVI and PILCURE DHTS. Its subsidiary, PIL Chemicals Ltd., is engaged in the processing of rubber chemical products.
NOCIL LIMITED 
