July 28, 2015, Mumbai, India - BASF India Limited (BSE code: 500042) registered sales of Rs. 13,459 million for the quarter ended June 30, 2015 as compared to Rs. 14,458 million in the corresponding quarter of the previous year.

The Company's loss before tax (before exceptional items) stood at Rs. 48.8 million for the quarter ended June 30, 2015 as compared to profit before tax of Rs. 539 million in the corresponding quarter of previous year. Profit after tax (after exceptional items) stood at Rs. 927 million for the quarter ended June 30, 2015 as compared to profit after tax of Rs. 520 million posted in the corresponding quarter of the previous year.

"As profitability remains affected by the start-up phase of the Dahej site, we continue to focus on further improving operational capabilities at the site and optimally utilizing its capacities. Delayed and erratic monsoons have affected our Agricultural Solutions business, which has impacted profitability. At the same time, we registered an exceptional profit during Q1 2015-16 from the divestment of our textile chemicals business, pursuant to the global divestment," said Dr. Raman Ramachandran, Chairman & Managing Director, BASF India Limited.

Click here for the Unaudited Financial Results for Quarter Ended June 30, 2015( pdf, 130 kb)

About BASF in India

BASF has successfully partnered India's progress for over a century, with 13 of BASF's 14 global businesses maintaining a local presence in India today. BASF in India has 2,186 employees at about 20 production sites & sales offices and R&D centers in Mumbai and Mangalore. In 2014, BASF registered sales of €1.1 billion to customers in India.

About BASF

At BASF, we create chemistry - and have been doing so for 150 years. Our portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. As the world's leading chemical company, we combine economic success with environmental protection and social responsibility. Through science and innovation, we enable our customers in nearly every industry to meet the current and future needs of society. Our products and solutions contribute to conserving resources, ensuring nutrition and improving quality of life. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future. BASF had sales of over €74 billion in 2014 and around 113,000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further information on BASF is available on the Internet at www.basf.com.

For Media Queries, contact:

Anjani More

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E-Mail: anjani.more@basf.com

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