GHCL Ltd., a soda ash manufacturer based in India announced its results for the second quarter ended September 30, 2021.
Q2 Results- QoQ
The company’s net profit grew 7.2% to Rs 1.09 billion for the period ended September 30, 2021 as against net profit of Rs 1.02 billion for the previous quarter.
Net sales increased 15.5% to Rs 9.92 billion during the period ended September 30, 2021 as compared to Rs 8.58 billion during the previous quarter.
Q2 Results- YoY
The company’s net profit grew 30.2% to Rs 1.09 billion for the period ended September 30, 2021 as against net profit of Rs 0.84 billion for the prior-year quarter.
Net sales increased 21.6% to Rs 9.92 billion during the period ended September 30, 2021 as compared to Rs 8.16 billion during the prior-year quarter.
Half-Year Results- YoY
The company’s net profit increased 118.2% to Rs 2.125 billion for the 6 months period ended September 30, 2021 as against net profit of Rs 0.97 billion for the prior-year 6 months period.
Net sales increased 45.5% to Rs 18.51 billion during the 6 months period ended September 30, 2021 as compared to Rs 12.72 billion during the prior-year 6 months period.
GHCL Ltd is engaged in the business of manufacture and selling soda ash (anhydrous sodium carbonate).