Gujarat Alkalies and Chemicals Limited ( GACL) has reported profit after tax for the March quarter at Rs 44.21 crore against Rs.55.99 crore in the same period of the previous year. The net sales for the March quarter were Rs 422.12 crore against Rs 400.72 crore in the corresponding quarter of the previous year, the company said.

Net Sales for the year stood at Rs 1,698.22 crore against Rs 1,423.17 crore last year.

The Profit Before Tax of the fourth quarter was Rs 71.20 crore, up 9.49 pc as compared with Rs 65.03 crore in the same period of the previous year mainly due to improvement in price realisations.

The Profit Before Tax for the year ended on 31st March, 2012 has increased by 75.76% to Rs.223.42 crore as compared with Rs.127.12 crore of the previous year.

Similarly, the Profit After Tax for the said period also increased by 34.38% to Rs.153.61 crore as compared with Rs.114.31 crore of the previous year.