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Elantas Beck India reports 13% fall in Q2 net profit

Elantas Beck India has reported results for second quarter ended June 30, 2017.

The company has reported a fall of 12.59% in its net profit at Rs 12.29 crore for the quarter under review as compared to Rs 14.06 crore for the same quarter in the previous year. Total revenue of the company decreased by 4.74% at Rs 94.76 crore for Q2FY18 as compared Rs 99.48 crore for the corresponding quarter previous year.

Elantas Beck India is engaged in the manufacturing of wide range of specialty chemicals for electrical insulation and construction industries. The main business line of the company includes like Primary Insulation, Secondary Insulation and Electronic & Engineering Materials.

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