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Commodities biz to grow 30% in 2 years: Thirumalai Chemicals

Thirumalai Chemicals is debottlenecking its main commodity chemicals business, which is expected to grow about 25-30 percent in next 1.5-2 years, said the MD, R Parthasarathy, in an interview to CNBC-TV18.
See margins at 5-7% for FY13: Thirumalai Chemicals

Thirumalai Chemicals reported an impressive performance in Q1FY13. Its net sales in first quarter rose 109.7% to stand at Rs. 298.8 crore against Rs 142.54 crore on year-on-year basis. Margins too improved from 9.5% to 14% in Q1.

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Commodities biz to grow 30% in 2 years: Thirumalai Chemicals

See margins at 5-7% for FY13: Thirumalai Chemicals