GHCL Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024
May 06, 2024 at 05:49 am
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GHCL Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 8,233.8 million compared to INR 11,198 million a year ago. Revenue was INR 8,400 million compared to INR 11,413.6 million a year ago. Net income was INR 1,248.6 million compared to INR 2,265.5 million a year ago. Basic earnings per share from continuing operations was INR 13.12 compared to INR 26.8 a year ago. Diluted earnings per share from continuing operations was INR 13.1 compared to INR 26.75 a year ago. Basic earnings per share was INR 13.12 compared to INR 24.28 a year ago. Diluted earnings per share was INR 13.1 compared to INR 24.23 a year ago.
For the full year, sales was INR 34,465.4 million compared to INR 45,508.9 million a year ago. Revenue was INR 34,988.2 million compared to INR 45,845.3 million a year ago. Net income was INR 7,939 million compared to INR 11,415.7 million a year ago. Basic earnings per share from continuing operations was INR 83.43 compared to INR 117.35 a year ago. Diluted earnings per share from continuing operations was INR 83.33 compared to INR 117.35 a year ago. Basic earnings per share was INR 83.43 compared to INR 120.06 a year ago. Diluted earnings per share was INR 83.33 compared to INR 120.06 a year ago.
GHCL Limited is an India-based chemical company. The Company is engaged in the manufacturing of anhydrous sodium carbonate (soda ash) that is a raw material for detergents and glass industries and sodium bicarbonate (baking soda). Its divisions include chemicals division, consumer products division and trading division. In chemicals division, the Company offers soda ash in two categories: light soda ash and dense soda ash. It also produces sodium bicarbonate, and these products are marketed in India under the brand name LION. The consumer product division markets edible salt and crystal salt under the brand name i-Flo & Sapan. The trading division offers a variety of chemicals to industrial and consumer markets from global chemical producers. The Company, through its subsidiary, GHCL Textiles Limited, produces 100% cotton and synthetic yarns. It has a capacity of approximately 225000 ring spindles, 3320 rotors, 480 vortex positions and 5760 two-for-one (TFO) spindles.
GHCL LIMITED 
