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Gujarat Fluorochemicals Ltd Q3FY24; 76% fall in Profits

Incorporated in 2018, Gujarat Fluorochemicals Limited, earlier known as Inox Fluorochemicals Limited, is a part of the INOX Group of Companies and has been demerged from GFL Ltd, into a separate legal entity.
It is one of the leading producers of Fluoro-polymers, Fluoro-specialities, Chemicals and Refrigerants in India. It is one of the top five global players in the fluoropolymers market with exports to Europe, Americas, Japan and Asia.

Financial Results:

Gujarat Fluorochemicals Ltd reported Revenues for Q3FY24 of ₹992.00 Crores down from ₹1,418.00 Crore year on year, a fall of 30.04%.

Total Expenses for Q3FY24 of ₹895.00 Crores down from ₹993.00 Crores year on year, a fall of 9.87%.

Consolidated Net Profit of ₹80.00 Crores down 75.83% from ₹331.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹7.29, down 75.69% from ₹29.99 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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