Gulshan Polyols Ltd., a chemicals manufacturer based in India announced its results for the second quarter ended September 30, 2021.
Q2 Results- QoQ
The company’s net profit grew 8.7% to Rs 284.79 million for the period ended September 30, 2021 as against net profit of Rs 261.9 million for the previous quarter.
Net sales increased 16.2% to Rs 2.78 billion during the period ended September 30, 2021 as compared to Rs 2.38 billion during the previous quarter.
Q2 Results- YoY
The company’s net profit grew 66.3% to Rs 284.79 million for the period ended September 30, 2021 as against net profit of Rs 171.25 million for the prior-year quarter.
Net sales increased 32.9% to Rs 2.78 billion during the period ended September 30, 2021 as compared to Rs 2.08 billion during the prior-year quarter.
Half-Year Results- YoY
The company’s net profit grew 145.1% to Rs 546.69 million for the 6 months period ended September 30, 2021 as against net profit of Rs 223.07 million for the prior-year 6 months period.
Net sales increased 56.6% to Rs 5.16 billion during the 6 months period ended September 30, 2021 as compared to Rs 3.29 billion during the prior-year 6 months period.
Gulshan Polyols Ltd is engaged in the business of manufacture and selling calcium carbonate and specialty chemical sorbitol 70%.