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Asahi Songwon Colors Ltd posts consolidated PAT of Rs 6 41 crore in Q4FY21

Asahi Songwon Colors Ltd posts consolidated PAT of Rs 6 41 crore in Q4FY21
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Asahi Songwon Colors Ltd Board recommends Final Dividend of Rs 3 50

Asahi Songwon Colors Ltd Board recommends Final Dividend of Rs 3 50
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Asahi Songwon Colors Ltd Q3FY21 consolidated PAT rises to Rs 8 52 crore

Asahi Songwon Colors Ltd Q3FY21 consolidated PAT rises to Rs. 8.52 crore Posted On: ASAHI SONGWON COLORS LTD. has reported financial results for the period ended December 31, 2020. Financial Results (Q3 FY20-21) - QoQ Comparison The company has reported total income of Rs.73.45 crores during the period ended December 31, 2020 as compared to Rs.62.59 crores during the period ended September 30, 2020. The company has posted net profit / (loss) of Rs.8.52 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.7.73 crores for the period ended September 30, 2020. The company has reported EPS of Rs.6.95 for the period ended December 31, 2020 as compared to Rs.6.30 for the period ended September 30, 2020.

Asahi Songwon Colors flags off operations at ₹82-cr Dahej plant

December 14, 2020 Blue pigment player Asahi Songwon Colors Ltd has commenced commercial operations at its Dahej plant, which was set up under Asahi Tennants Color, a joint venture with Tennants Textile Colours Ltd (TTC) of the UK. Set up at the cost of ₹82 crore, the at Dahej in South Gujarat will make red and yellow pigments. The installed capacity of the AZO pigment plant is 2,400 tonnes per annum. Ahead of schedule Arjun Jaykrishna, Executive Director, Asahi Songwon Colors, commented on the development: “In spite of the Covid-19 pandemic, we have successfully commissioned the plant on December 14 four months before the original target date. We are going to work towards full capacity utilisation at the plant, and aim to double capacity by 2022.”

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