Soda Ash realizations remained stable with few instances of depressed prices due to excessive dumping by major global manufacturers into the Indian market
GHCL Limited, India’s leading chemical company, announced its standalone financial results for Q3 FY25. Net Revenue in the quarter under consideration was reported at Rs. 807 crore as compared to Rs. 813 crore in the corresponding quarter ended Dec 31, 2023. EBIDTA grew by 57% to Rs. 259 crore as compared to Rs. 165 crore in the corresponding quarter of last fiscal year Net Profit (PAT) grew by 69% to Rs.168 crore as against Rs. 100 crore in the corresponding quarter of last fiscal year
Commenting on the financial performance, R S Jalan, Managing Director, GHCL said, “We have reported a robust financial performance for the quarter ended December 31, 2024 on the back of continued focus upon our core area of operations. The performance assumes a greater significance in the backdrop of moderating industry conditions. We continue to strengthen our stature amongst clients as a preferred partner.
“Soda Ash realizations remained stable with few instances of depressed prices due to excessive dumping by major global manufacturers into the Indian market. We are confident that the recent imposition of a Minimum Import Price (MIP) by the Indian Government would curtail such imports at cheap prices going forward in the ensuing quarters.
“We are excited to report that our expansion initiatives are gaining significant momentum. The commissioning of our Vacuum Salt and Bromine projects in FY26 puts us on a substantial growth trajectory and product basket expansion.
“We remain committed to drive stakeholder value through strategic action and robust execution of our plans.”
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