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Gujarat Alkalies & Chemicals Ltd Q2FY24; 14% fall in Revenue

Gujarat Alkalies and Chemicals Ltd is a multi-product chemical manufacturing company and is one of the leading manufacturers of Caustic Soda Lye. Its manufacturing facilities are located at Dahej and Vadodara in Gujarat.

Financial Results:

  • Gujarat Alkalies & Chemicals Ltd reported Revenues for Q2FY24 of ₹971.00 Crores down from ₹1,127.00 Crore year on year, a fall of 13.84%.
  • Total Expenses for Q2FY24 of ₹1,061.00 Crores up from ₹1,032.00 Crores year on year, a rise of 2.81%.
  • Consolidated Net Profit of -₹18.00 Crores from ₹61.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is -₹2.50, from ₹8.24 in the same quarter of the previous year.
Tags: Chemicals
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