Gujarat Alkalies and Chemicals Ltd., a chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2021.
Q1 Results- QoQ
The company’s net profit grew 82.1% to Rs 63.12 crores ($8.5 million) for the period ended June 30, 2021 as against net profit of Rs 34.66 crores ($4.7 million) for the previous quarter.
Net sales increased 8% to Rs 731.69 crores ($98.5 million) during the period ended June 30, 2021 as compared to Rs 680.3 crores ($91.6 million) during the previous quarter.
Q1 Results- YoY
The company’s net profit grew 98.4% to Rs 63.12 crores ($8.5 million) for the period ended June 30, 2021 as against net profit of Rs 31.81 crores ($4.3 million) for the prior-year quarter.
Net sales increased 52% to Rs 731.69 crores ($98.5 million) during the period ended June 30, 2021 as compared to Rs 482.6 crores ($65 million) during the prior-year quarter.
Gujarat Alkalies and Chemicals Ltd is engaged in the business of manufacture and selling of Caustic Soda, Special Chlorine Derivatives, Sodium Cyanides, Sodium Chlorates, Caustic Potash, Chloromethanes, Phosphoric groups, Calcium Chlorides, Hydrogen Peroxides, Water Treatment chemicals.