Gujarat Fluorochemicals has reported results for first quarter ended June 30, 2012.
On standalone basis, the company’s net profit remained almost the same at Rs 159.45 crore for the quarter ended June 30, 2012, as compared to Rs 159.59 crore for the same quarter in the previous year. However, total income of the company has increased by 16.70% to Rs 598.44 crore for the quarter under review as compared to Rs 512.78 crore for the quarter ended June 30, 2011.
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.