Gujarat Fluorochemicals has reported results for its third quarter ended December 31, 2011.
The company has posted a surge of 550.76% in its net profit of Rs 218.98 crore for the quarter ended December 31, 2011 as compared to Rs 33.65 crore for the same quarter in the previous year. Total income has increased by 146.56% from Rs 240.27 crore for Q3FY11 to Rs 592.42 crore in the quarter under review.
Gujarat Fluorochemicals, part of the $2 billion INOX group of companies, is engaged in manufacturing of chloro-fluorocarbon refrigerant gases and hydrous hydrofluoric acid. The INOX group has interests in areas of industrial gases, refrigerants, chemicals, carbon credits, cryogenic engineering, renewable energy and entertainment.