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NOCIL operations grew 20 percent first quarter
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Rubber World – The Technical Service Magazine for the Rubber Industry
114 ViewsMumbai, India – NOCIL Limited, India’s largest manufacturer of rubber chemicals, reported its financial results for the first quarter of FY27.
Volumes grew 9% year-on-year, led by strong double-digit growth in domestic demand following the implementation of GST 2.0, alongside continued conversion of the Company’s export pipeline.
This is in addition to the ₹250 crore capex programme already underway at Dahej, which has moved into trial production.
The new investment, targeted for completion by H1FY28, will be funded largely through internal accruals.
Anand, Managing Director, NOCIL Limited, said:“Our performance this quarter reflects consistent execution across both our domestic and export businesses in a challenging environment.