Bodal Chemicals shares rise 18% with Dept of Finance Ministry’s anti-d….

Bodal Chemicals shares rise 18% with Dept of Finance Ministry’s anti-dumping duty imposition on imports. As of 1:00 pm, the shares of Bodal Chemical are trading at Rs 66.09 which is at a gain of 16.56 percent. The anti- dumping duty will be effective for five years, starting March 7, 2025, (unless revoked, amended, or superseded earlier), it said in the exchange filing. The company’s strong earnings for the quarter under review was driven by higher volumes and revenue achieved by its divisions, in particular, across its dye intermediates and caustic soda. It reported Earnings Before Interest, Tax, Depreciation and Ammortisation (EBITDA) of Rs 48 crore. Meanwhile, its profit reached Rs 7.3 crore, reflecting a 905 percent rise year-over. Last month, the company announced its December-ended quarter results for fiscal year 2025, recording Rs. 436 crore standalone revenue. This was at year-on-year growth of 28 percent. This will benefit the company by bringing in additional Rs 10 crore per annum in its total turnover, from FY 2026 onward.

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