Improving end-market demand and supply cuts, due to plant closures in China and Europe, have led to a sharp improvement in caustic soda prices
Chemfab Alkalis posted a stellar set of numbers for Q1 of FY17. In an interview to CNBC-TV18, VM Srinivasan, Chief Economic Officer of Chemfab Alkalis spoke about the results and his outlook for the company.
The company reported a net profit of Res 6.2 crore against Rs 1.6 crore in the same quarter last fiscal and revenues have gone up 33.2 percent to Rs 30.5 crore year-on-year.
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