GHCL, India’s leading chemical company, Q2 FY25 net revenue declined by 1% to Rs. 810 crore as compared to Rs. 817 crore in the corresponding quarter of the previous year.

EBITDA increased by 2% to Rs. 228 crore as compared to Rs. 224 crore in the Q2 FY24 and Net Profit grew by 8% to Rs. 155 crore as compared to Rs. 143 crore in the Q2 FY24.

Commenting on the financial performance, R. S. Jalan, Managing Director, GHCL Limited said, “We are glad to report a resilient Q2 performance, with a clear focus on operating excellence. Realizations stayed tempered during the quarter despite some increase in net imports of Soda Ash. Going forward, globally, the pricing may remain range-bound as industry challenges have not yet fully resolved and potential risks persist due to the ongoing geopolitical situations. Domestic prospects in Soda Ash look positive due to steps taken by the Government of India to encourage production of solar glass, including the 10% import duty levied on imports. Our performance going forward will be supported by planned expansion initiatives around Vacuum Salt and Bromine, which will start contributing from next year onwards. Overall, we remain focused on driving a highly efficient business that prioritizes profitable growth in a constrained environment and are committed to maximizing shareholder value through strategic decision-making and effective execution.”

H1 FY25 net revenue declined by 10% to Rs. 1,659 crore as compared to Rs. 1,846 crore in the H1 FY24. EBITDA declined by 13% to Rs. 463 crore as compared to Rs. 534 crore in the H1 FY24. Net Profit before exceptional items declined by 13% to Rs. 305 crore as compared to Rs. 350 crore in the H1 FY24.

GHCL Limited is engaged in the manufacture of Soda Ash (Anhydrous Sodium Carbonate), that is a major raw material for detergents & glass industries and Sodium Bicarbonate (baking soda). Through a demerger it has separated its spinning business into GHCL Textiles Limited.