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Gulshan Polyols Ltd Q2FY24; 75% fall in Profits

Gulshan Polyols Ltd is one of the largest manufacturers of Precipitated Calcium Carbonate and Sorbitol in India. It is a market leader with a substantial market share in the respective segments

Financial Results:

  • Gulshan Polyols Ltd reported Revenues for Q2FY24 of ₹307.83 Crores up from ₹276.38 Crore year on year, a rise of 11.38%.
  • Total Expenses for Q2FY24 of ₹305.06 Crores up from ₹265.95 Crores year on year, a rise of 14.71%.
  • Consolidated Net Profit of ₹2.24 Crores down 75.36% from ₹9.09 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹0.36, down 75.34% from ₹1.46 in the same quarter of the previous year.
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