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Jayshree Chemicals Limited
Sector:Chemicals Chemicals - Chlor-alkali
BSE:506520NSE:NABloomberg:JYC@INReuters:JYCH.BO
Market Lot: 1Face Value: 10ISIN Demat: INE693E01016
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14-May-2014
Business Profile
Jayshree Chemicals (JAYCH) produces caustic soda, chlorine, hydrochloric acid, sodium hydrosulphite, sulphur di oxide and sulphuric acid. The company`s plant is located at Ganjam in Orissa.

The sodium hydrosulphite plant had been shut down owing to poor market conditions. JAYCH has become sick owing to continuing losses and a reference was made to BIFR during the 1990s. A rehabilitation scheme was implemented and the company was removed from the sick list by BIFR on its net worth becoming positive again.





Financials
The company disclosed fall of 1,113.04% in standalone net profit on y-o-y basis to Rs 69.90 million, while total income fell 9.48% y-o-y basis to Rs 330.20 million for the quarter ended March 2014.

Recent Developments
15-OCT-13
Jayshree Chemicals announced that due to severe Phailin cyclone and consequential power cut off, the company's plant at Ganjam (Odisha) is closed since Oct. 12, 2013.



In Brief

 
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