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Galaxy Surfactants reports 28% rise in Q1 net profit

Galaxy Surfactants has reported results for first quarter ended June 30, 2018.

The company has reported 27.50% rise in its net profit at Rs 45.71 crore for the quarter under review as compared to Rs 35.85 crore for the same quarter in the previous year. Total income of the company increased by 16.36% at Rs 714.47 crore for Q1FY19 as compared Rs 614.02 crore for the corresponding quarter previous year.

Galaxy Surfactants is one of the leading manufacturers and marketers of surfactants and specialty chemicals in India for the Personal and Home Care (“PHC”) industry. The company produces a range of vital cosmetic ingredients including active ingredients, UV protection and functional products. Its products cater to some of the largest global brands in the FMCG sector and find applications in skin care, hair care, oral care, body wash, sun care, household cleaners and fabric care segments.

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