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GHCL reports 44% rise in Q3 net profit

21 Jan 2019 Evaluate

GHCL has reported results for third quarter ended December 31, 2018.

The company has reported 43.99% rise in its net profit at Rs 102.48 crore for the quarter under review as compared to Rs 71.17 crore for the same quarter in the previous year. Total income of the company increased by 18.48% at Rs 874.56 crore for Q3FY19 as compared Rs 738.13 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.

Peers
Company Name CMP
Godrej Industries 1104.15
SRF 2530.50
BASF India 3539.75
Pidilite Inds. 1511.00
Tata Chemicals 644.10
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