GHCL Q1FY23 PAT higher at Rs. 355.25 Cr
Chemical

GHCL Q1FY23 PAT higher at Rs. 355.25 Cr

GHCL Limited has reported total income of Rs. 1371.32 crores during the period ended June 30, 2022.

  • By ICN Bureau | July 28, 2022

GHCL Limited has posted net profit of Rs. 355.25 crores for the period ended June 30, 2022 as against net profit of Rs. 271.27 crores for the period ended March 31, 2022.

The company posted net profit of Rs.102.61 crores for the period ended June 30, 2021

GHCL Limited has reported total income of Rs. 1371.32 crores during the period ended June 30, 2022 as compared to Rs. 1279.13 crores during the period ended March 31, 2022.

The company reported total income of Rs.698.93 crores during the period ended June 30, 2021.

Commenting on the financial performance, R S Jalan, Managing Director, GHCL said: “In the first quarter of FY23, demand for our products continued to stay strong delivering a Top line growth of 96%, while EBITDA improved by 169% and PAT recorded a growth by 3x. Going forward, we will continue our focus on improving customer experience, operational effectiveness, financial viability and profitability. We are on track with the demerger and are well poised to keep delivering on our commitment to create value for all our stakeholders”.

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