GHCL reports 54% jump in Q1 net profit

31 Jul 2017

GHCL has reported results for first quarter ended June 30, 2017.

The company has reported a jump of 53.52% in its net profit at Rs 157.86 crore for the quarter under review as compared to Rs 102.83 crore for the same quarter in the previous year. Total income of the company increased by 9.57% at Rs 804.13 crore for Q1FY18 as compared Rs 733.89 crore for the corresponding quarter previous year.

GHCL is a leading producer of synthetic soda ash in India with an installed capacity of 8.5 lakh tonnes Per Annum (TPA) located in Gujarat. Over the years, it has diversified into yarn and home textile products.

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