GHCL Q1 revenue rises 32% to Rs 191 cr on decrease prices, warns of margin stress forward
The Gujarat-based chemical maker had posted a web revenue of Rs 144.78 crore a 12 months earlier, it mentioned in a regulatory submitting.
Complete earnings fell 3.06 per cent to Rs 798.01 crore from Rs 823.19 crore a 12 months earlier, whereas whole bills declined to Rs 594.10 crore from Rs 627.96 crore.
“Our efficiency in Q1 FY27 demonstrates sustained resilience towards a unstable international geopolitical backdrop,” GHCL Managing Director R S Jalan mentioned.
The worldwide soda ash market continues to face volatility and delivery disruptions, with steady underlying demand offset by surplus provide, Jalan mentioned.
Higher operational execution, improved realisations and decrease enter prices lifted margins in the course of the quarter, he mentioned.
He cautioned that an ongoing international battle was more likely to push up power and uncooked materials prices, which might weigh on margins because the 12 months progresses. “We’ve got stayed centered on value self-discipline and operational effectivity by way of what continues to be a demanding setting,” Jalan mentioned.
The corporate’s Bromine and Vacuum Salt initiatives are in superior levels of commissioning and are anticipated to start business operations within the second quarter of FY27, Jalan mentioned, including that its greenfield soda ash challenge was progressing slowly.
Jalan mentioned long-term fundamentals for the soda ash business remained optimistic, citing home demand from the detergent and glass sectors in addition to rising demand from the renewable power business.
GHCL operates a soda ash plant at Sutrapada in Gujarat with an put in capability of 1.2 million tonnes each year. Soda ash, or anhydrous sodium carbonate, is a key uncooked materials for the detergent and glass industries, in addition to for photo voltaic glass and lithium batteries.
