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GHCL reports 87% fall in Q1 consolidated net profit

27 Jul 2020 Evaluate

GHCL has reported results for first quarter ended June 30, 2020.

The company has reported 83.61% fall in its net profit of Rs 16.96 crore for the quarter under review as against Rs 103.45 crore for the same quarter in the previous year. Total income of the company decreased 49.95% at Rs 440.13 crore for Q1FY21 as compared Rs 879.42 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 86.79% fall in its net profit attributable to owners at Rs 12.95 crore for the quarter under review as against Rs 98.02 crore for the same quarter in the previous year. Total income of the company decreased by 48.86% at Rs 456.51 crore for Q1FY21 as compared Rs 892.61 crore for the corresponding quarter previous year.

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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