Chennai, India — Manali Petrochemicals, an Indian polyol producer had sales of INR 6.6 bn ($102 m) in 2017, according to figures released to the Bombay Stock Exchange in mid May.
The company's sales were flat on last year's INR 6.53 bn, but profits before tax fell by INR 82 m to INR 610 m in 2016 from INR 692 bn in the previous year.
The company's consolidated results, which include those of Notedome of the UK, saw sales of INR 7.12 bn for 2016 compared to INR 6.52 bn in 2015. Profit before tax in the consolidated business fell by around INR 10 m due to a cost of INR 11o m attributed to changes in inventory, stock in trade and finished goods.
Currency conversion Xe.com 22 May 2017
