Specialty Chemicals company Black Rose Industries declares Q3FY22 result:
- Q3 FY22 saw demand in the Indian chemical market pick up initially and slow down towards the end with the third wave of COVID. Prices of some distribution products started to fall during the quarter due to increased domestic inventory, despite international prices remaining stable.
- Revenue and profit in the manufacturing business increased with improved demand for acrylamide and a surge in sales of polyacrylamide liquids.
- The company has improved upon all the significant parameters, and as can be seen, the company is now practically a zero-debt company.