Himadri Speciality rises after Q2 PAT jumps 35% YoY to Rs 135 crore

Total expenses during the period under review went up by 9% YoY to Rs 953.19 crore. This was primarily due to higher raw material costs (up 11% YoY), higher employee expenses (up 23% YoY) and higher other expenses (up 11% YoY).

Profit before tax in Q2 FY25 stood at Rs 197.30 crore, up by 42% from Rs 139.10 crore in Q2 FY24.

For H1 FY25, Himadri Speciality has recorded revenues and PAT of Rs 2,337.33 crore (up 20% YoY) and Rs 258.48 crore (up 38% YoY), respectively.

Himadri Speciality Chemical is engaged in the production of carbon chemical products. HSCL is the leading producer of CTP and the third-largest producer of CB in India.