Mumbai, April 28 -- Kolkata-based Himadri Speciality Chemical Ltd, a leading supplier of speciality chemicals to the automotive industry, reported a significant rise in net profit for Q4 FY24. Net profit reached INR 1.15 billion, compared to INR 762.1 million in Q4 FY23, reflecting a robust year-on-year increase.

Revenue also climbed during the quarter, with Himadri generating INR 11.77 billion in Q4 FY24, up from INR 10.29 billion in the previous period.

The speciality chemical company hasannounced a brownfield expansion project to capitalize on this growth and address rising market demand. The company plans to construct a new speciality carbon black line with a production capacity of 70,000 MTPA, increasing its total capacity to 130,0...