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Gujarat Alkalies & Chemicals reports 80% fall in Q1 consolidated net profit

12 Aug 2020 Evaluate

Gujarat Alkalies & Chemicals has reported results for the first quarter ended June 30, 2020.

The company has reported a fall of 79.86% in its net profit at Rs 32 crore for the quarter under review as compared to Rs 158.89 crore for the same quarter in the previous year. Total income of the company decreased by 36.95% at Rs 482.60 crore for Q1FY21 as compared Rs 765.47 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 79.97% in its net profit at Rs 31.81 crore for the quarter under review as compared to Rs 158.80 crore for the same quarter in the previous year. Total income of the company decreased by 36.95% at Rs 482.60 crore for Q1FY21 as compared Rs 765.47 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Godrej Industries 1054.40
SRF 2434.70
BASF India 3440.10
Pidilite Inds. 1470.00
Tata Chemicals 614.70
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