GHCL, India’s leading chemical & textile company, Q4 FY21 revenue has grown by 12% to reach Rs. 821 crores as compared to Rs. 734 crores in the corresponding quarter last year.

The company has achieved robust EBITDA growth of 21%, the EBITDA for the quarter stood at Rs. 195 crores as compared to Rs. 161 crores in the corresponding quarter last year. Net Profit (PAT) has grown by 30%, net profit for the quarter stood at Rs. 104 crores as against Rs. 80 crores in the corresponding quarter last fiscal.

Inorganics Chemicals division’s revenue is Rs. 531 crores in Q4 FY21 as compared to Rs. 519 crores in the corresponding quarter in FY20. Home Textiles business revenue is at Rs. 290 crores in Q4FY 21 as compared to Rs. 214 crores in the corresponding quarter in FY20.

Commenting on the financial performance, R. S. Jalan, Managing Director, GHCL said, “We are glad to have concluded the year on a positive note despite unprecedented macro-economic challenges posed by CoVID-19 pandemic and related restrictions. Our teams demonstrated tremendous resilience while we navigated through this phase with agility and valor."

"Favorable recovery trends across key end user industries combined with operational excellence steered the momentum for the year, resulting in 12% gains in revenue and 73% growth in profit before tax in Q4 FY 21. Plant utilization levels returned back to pre-COVID levels supported by a positive demand scenario," commented Jalan.

Given the current visibility and a promising demand landscape, we foresee better times for us going ahead helping us realize our growth aspirations while focusing on shareholder value creation added Jalan.