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CHENNAI: Chemplast Sanmar narrowed net losses in the third quarter of 2025 financial year to Rs 49 crore, down from a Rs 89crore loss in the corresponding period of FY24.
The speciality chemicals company, part of the Sanmar group, reported 19% growth in revenue on a yearly basis with Rs 1,058 crore. EBITDA stood at Rs 32 crore while EBITDA margin at 3%.
Business performance improved due to better prices and margins on paste PVC, improved performance of custom manufactured chemicals and due to increased volumes of paste PVC from the new plant, the company said in a release.
Company managing director Ramkumar Shankar said there was a reversal in trend of dumping of products.
“The last couple of years have been challenging for the company, due to dumping of product, especially of suspension and paste PVC, resulting in margin pressures. However, it is pertinent to note that the trend has been improving, with the current year showing a marked improvement over FY 24,” he said.
Chemplast is ramping up the capacity of its new Cuddalore facility for production of paste PVC, which is expected to be completed by the end of current fiscal.
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