OCCL

OCCL Limited informed the exchanges that the Directorate General of Trade Remedies had concluded its anti-absorption review of the anti-dumping duty on insoluble sulphur from China and recommended raising the duty to $485 per metric tonne from $307, with retrospective effect from 3 July 2026 subject to a finance ministry notification. The company was the sole domestic producer of insoluble sulphur, which accounted for more than 80% of its revenue under the Diamond Sulf brand from plants at Dharuhera and Mundra SEZ with 39,500 tonnes of annual capacity. It reported revenue of Rs505.9 crore for the year to March 2026 and Rs219.67 crore for the June quarter, up 78% from a year earlier. Duties on imports from China and Japan had been in force since June 2025. Net worth stood at Rs431 crore with long-term debt of only Rs19 crore, and ICRA reaffirmed its AA- long-term rating in September 2026.

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Feb 4 (Reuters) - OCCL Ltd OCCL.NS:

• DEC-QUARTER PROFIT 65.3 MILLION RUPEES

• DEC-QUARTER REVENUE FROM OPERATIONS 1.14 BILLION RUPEES

Further company coverage: OCCL.NS

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** OCCL OCCL.NS soars 15.8% to 79.80 rupees

** Insoluble sulphur maker says Indian government's anti-dumping duty on insoluble sulphur imports should have "significant positive" impact on co's performance

** India recommended anti-dumping duty on insoluble sulphur originating in or exported from China PR and Japan

** Around 592,182 shares traded, more than 4x the 30-day avg

** Despite day's gains, OCCL down ~23% YTD

(Reporting by Vijay Malkar)

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