Sudarshan Chemical Industries Limited (SCIL), established in 1951 and headquartered in Pune, India, stands as a preeminent global manufacturer of colour and effect pigments. With over seven decades of expertise, SCIL offers an extensive portfolio, including organic, inorganic, and effect pigments, alongside performance colourants and speciality chemicals.
On February 6, 2025, SCIL unveiled a strategic expansion to its product lineup with the launch of five pioneering pigments specifically designed for agro-based applications.
These cutting-edge products—Sudafast Red 336AG, Sudafast Green 2730AG, Sudafast Blue 2786AG, Sudaperm Violet 2940AG, and Sudafast Green 2717AG—are engineered to meet the stringent demands of both domestic and international agricultural markets. Boasting superior stability and effectiveness, they are poised to revolutionise pigment solutions within the sector.
This product launch exemplifies SCIL’s unwavering commitment to innovation and the delivery of value-driven solutions while reinforcing its adherence to exemplary standards of corporate governance. The company’s proactive approach aligns seamlessly with its strategic mission to cater to evolving customer demands and fortify its global presence.
Although this development marks a significant milestone, SCIL clarified that the announcement does not constitute a material event under the Securities and Exchange Board of India (SEBI) guidelines. Nonetheless, the company’s dedication to transparency and engagement with stakeholders remains resolute.
SCIL demonstrated an impressive performance for the second quarter of FY25, ending on 30th September 2024. The company recorded a consolidated net profit of ₹29.90 crore, representing a remarkable 67.41% surge compared to ₹17.86 crore in the corresponding quarter of the previous fiscal year.
Revenue from operations saw robust growth, increasing by 15.83% to ₹688.91 crore, up from ₹594.75 crore in the same period last year.
At 12:47 PM today, Sudarshan Chemical Industries Ltd. shares traded at ₹1,028.05 per share on the NSE.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Feb 7, 2025, 2:46 PM IST
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