Chennai, India-Sales at Manali, an Indian polyol producer, rose by 38.8% in Q3 2021 to INR4.9bn ($65.4m). EBITDA across the business was up 16.3% at INR1.56bn in the quarter. This is because the company had to pay the cost of a 30-year lease of the land it occupied from 1987 to June 2020. The lease is in the process of renewal.
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