GHCL reports 44% rise in Q4 net profit

25 Apr 2019 Evaluate

GHCL has reported results for the fourth quarter and year ended March 31, 2019. 

The company has reported a rise of 44.31% in its net profit at Rs 118.55 crore for the quarter ended March 31, 2019 as compared to Rs 82.15 crore for the same quarter in the previous year. Total income of the company increased by 25.96% at Rs 914.58 crore for quarter under review as compared to Rs 726.11 crore for the quarter ended March 31, 2018.

For the year ended March 31, 2019, the company has posted a marginal fall of 0.95% in its net profit at Rs 361.03 crore as compared to Rs 364.51 crore for the previous year. However, total income of company increased 14.03% at Rs 3,384.72 crore for year under review as compared to Rs 2,968.34 crore for year ended March 31, 2018.

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