Mumbai, Jan. 30 -- Profit before tax in third quarter of FY25 was at Rs 368.70 crore, up 5.85% from Rs 348.32 crore recorded in the same period a year ago.

Earnings before interest and tax (EBIT) grew 16% to Rs 529 crore in Q3 FY25 as against Rs 457 crore posted in corresponding period last year (CPLY).

The chemicals business reported an increase of 7% YoY in its segment revenue to Rs 1,496 crore during Q3 FY25. The operating profit of the chemicals business increased 13% YoY to Rs 364 crore in the December 2024 quarter.

During the quarter, the specialty chemicals business continued to experience some overhang of inventory buildup among agrochemical customers. However, there appears to be a gradual increase in demand. The fluorochemica...