Company Overview and News
Stop missing out on important events!
Manali Petrochemical stated its net profit fell 37% to Rs 10.39 crore in September quarter against Rs 16.6 crore a year ago.
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Manali Petrochemical is padding up to go global with five international application centres and is already in talks with Singapore, Qatar, the US and some western European nations. The listed petrochemicals major, a part of the MA Chidambaram group, will make an investment of Rs 150 crore for the centres through a subsidiary to be set up in Singapore. Muthukrishnan Ravi, managing director, Manali Petrochemicals, said the discussions with authorities in Singapore and Qatar were at an advanced stage.