GHCL, India’s leading Chemical Company, today announced its financial results for Q1 FY25. The company has posted PAT (excluding exceptional items) at Rs. 151 crores, reflecting a 27 per cent decline over Q1 FY24 but 21 per cent higher over Q4 FY24.

Net Revenue came in at Rs. 849 crores which rose by 1 per cent from Q4 of last year but declined by 18 per cent from Q1 of last year. EBIDTA came in at Rs. 235 crores, which increased by 17 per cent from Q4 of last year but declined by 24 per cent from Q1 of last year.

Commenting on the financial performance, R S Jalan, Managing Director, GHCL said “We have commenced the year on a strong footing, marked by stable revenues and a 17% improvement in EBITDA. While the global soda ash market exhibits a mixed outlook with strong demand in certain places but with overall weaker pricing, we are encouraged by the positive trends in India. Domestic consumption is robust, driven by demand from key segments like detergents and glass. The expanding solar glass industry is also creating new opportunities for us. The recent imposition of a 10% import duty on solar glass, in the Union budget is a positive development that will further strengthen the domestic soda ash market.

“Our strategic focus on operational excellence and timely execution of growth initiatives continues to yield impressive results. The Greenfield soda ash plant is progressing as planned, and we anticipate the commissioning of our Vacuum Salt and Bromine projects in the upcoming year. Additionally, the benefits from our Salt Yield enhancement and Sodium Bi-carbonate expansion initiatives will contribute significantly to our performance this year.

“I believe, these efforts will strengthen our market position and deliver substantial value to our shareholders”.