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BASF India reports 95% fall in Q2 net profit

BASF India has reported results for second quarter ended September 30, 2018.

The company has reported a fall of 94.58% in its net profit at Rs 9.38 crore for the quarter under review as compared to Rs 172.91 crore for the same quarter in the previous year. However, total income of the company increased by 15.16% at Rs 1,678.51 crore for Q2FY19 as compared Rs 1,457.52 crore for the corresponding quarter previous year.

BASF India is a chemical manufacturing company. It operates in the business segments of agricultural solutions, performance products, plastics businesses and chemicals. The agricultural solutions include insecticides, herbicides, fungicides and specialties.

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