X

Gujarat Fluorochemicals Ltd Q4FY24; 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 Q4FY24 of ₹1,043.00 Crores down from ₹1,470.00 Crore year on year, a fall of 29.05%.

Total Expenses for Q4FY24 of ₹944.00 Crores down from ₹1,008.00 Crores year on year, a fall of 6.35%.

Consolidated Net Profit of ₹86.00 Crores down 75.91% from ₹357.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹7.83, down 75.89% from ₹32.47 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.

Related Post