India’s GHCL Reports 144.1% Growth in Net Profit for FY22 Q4

GHCL Ltd., a chemicals manufacturer based in India has reported financial results for the period ended March 31, 2022.

Q4 Results

The company’s net profit grew by 144.1% to Rs 2.71 billion for the period ended March 31, 2022 as against Rs 1.11 billion for the period ended March 31, 2021.

Net sales increased by 76.9% to Rs 12.79 billion during the period ended March 31, 2022 as compared to Rs 7.23 billion during the period ended March 31, 2021.

Full-Year Results

The company’s net profit increased by 98.3% to Rs 6.46 billion for the full-year period ended March 31, 2022 as against Rs 3.26 billion for the full-year period ended March 31, 2021.

The company has reported net sales of Rs 37.91 billion during the full-year period ended March 31, 2022, an increase of 51.7% as compared to Rs 24.98 billion during the full-year period ended March 31, 2021.

The company has reported EPS of Rs 67.68 for the full-year period ended March 31, 2022 as compared to Rs 34.23 for the full-year period ended March 31, 2021.

GHCL is mainly engaged in the business of manufacture and selling of sodium carbonate and sodium bicarbonate.