Advertise Here [468 W x 60 H pixels]
Web Exclusive | November 2016

GHCL’s net profit up by 79%

GHCL Limited’s, India’s leading chemical and textile company, income from operations for Q2FY17 grew by 1.85 per cent to Rs 703.14 crore as compared to Rs 690.34 crore in the corresponding quarter ended September 30, 2015. EBIDTA grew by 20 per cent to Rs 180.39 crore as against Rs 150.14 crore and Net Profit (PAT) grew by 79 per cent to Rs 90.28 crore as compared to Rs 50.41 crore in the corresponding quarter previous year.

Income from operations grew by 9.27 per cent to Rs 1429.83 crore as compared to Rs 1,308.54 crore of the corresponding period of last year. Inorganics Chemicals division’s business marginally declined to Rs 404.67 crore in Q2FY17 as compared to Rs 413.34 crore in Q2FY16. Home Textiles business grew by 7.75 per cent to Rs 298.47 crore in as against Rs 277 crore.

RS Jalan, Managing Director, GHCL, says, “During the present quarter, we had a good financial performance on the back of improved efficiency, lower utility costs and better capacity utilisation leading to strong growth in the bottom lines for us. We continue to witness strong growth in our home textiles business and consolidation in the inorganic chemicals business going forward.”
Post your comment
Name:  
Email:    
Comments:  
Verification Code:   Change Image


 
Advertise Here [728 W x 90 H pixels]
AB Carter India Pvt Ltd      Arvind Rub-Web Controls Ltd      Associated Autotex Ancillaries Pvt Ltd      B & R Industrial Automation Pvt Ltd      Batliboi Ltd      Best Power Equipments India Pvt Ltd      Bharat Beams Pvt Ltd      Chandra Electric Company      Elgi Equipments Ltd      Embee Corporation      Eppinger Tooling Asia Pvt Ltd      Excel Traders      Gem Equipments Ltd      Grasim Industries Ltd (Liva)      Henna Tex      Instamod Air Pipe Pvt Ltd      K.U. Sodalamuthu and Co. Pvt Ltd      Lakshmi Machine Works Ltd      Loepfe Brothers Ltd (Masterline)      Mangal Singh Brothers Pvt Ltd      Meera Industries Ltd      Messe Frankfurt Trade Fairs India      Mohler Machine Works Pvt Ltd      Nestling Technologies      Premier Evolvics Pvt Ltd      Rabatex Industries      Rieter India Pvt. Ltd      Savio India Ltd      Savio Texcone Pvt Ltd      Skaat Machine Works India Pvt Ltd      SRE Corporation      Sri Lakshmi Fire Controls      SSP Pvt Ltd      Techno Industries      Vetal Hitech Machines Pvt. Ltd      AB Carter India Pvt Ltd      Arvind Rub-Web Controls Ltd      Associated Autotex Ancillaries Pvt Ltd      B & R Industrial Automation Pvt Ltd      Batliboi Ltd      Best Power Equipments India Pvt Ltd      Bharat Beams Pvt Ltd      Chandra Electric Company      Elgi Equipments Ltd      Embee Corporation      Eppinger Tooling Asia Pvt Ltd      Excel Traders      Gem Equipments Ltd      Grasim Industries Ltd (Liva)      Henna Tex      Instamod Air Pipe Pvt Ltd      K.U. Sodalamuthu and Co. Pvt Ltd      Lakshmi Machine Works Ltd      Loepfe Brothers Ltd (Masterline)      Mangal Singh Brothers Pvt Ltd      Meera Industries Ltd      Messe Frankfurt Trade Fairs India      Mohler Machine Works Pvt Ltd      Nestling Technologies      Premier Evolvics Pvt Ltd      Rabatex Industries      Rieter India Pvt. Ltd      Savio India Ltd      Savio Texcone Pvt Ltd      Skaat Machine Works India Pvt Ltd      SRE Corporation      Sri Lakshmi Fire Controls      SSP Pvt Ltd      Techno Industries      Vetal Hitech Machines Pvt. Ltd