Himadri Chemicals and Industries, an integrated carbon company, has said that while the company was unable to maintain its margins in 2011-12, it is optimistic about the future as it has been able to commission four projects without cost and time overruns.

The company closed 2011-12 with a growth in net sales at Rs.1,123.4 crore against Rs.700.1 crore.

The net profit stood at Rs.63.3 crore against Rs.114.4 crore in 2010-11.

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