Gujarat Heavy Chemicals reported -3% fall in total revenues for the Dec-20 quarter on consolidated basis at Rs815.14cr. In terms of specific product lines, GHCL showed lower sales on a comparative in both the segments viz. inorganic chemicals and in home textiles. The company top line has been overall flat in the last few quarters.
The consolidated Profit after tax (PAT) for the Dec-20 quarter was up 21.32% at Rs117.57cr on better operational performance in the quarter especially more efficient inventory management. As a result the PAT margins improved from 11.53% in Dec-19 to 14.42% in Dec-20, despite the tax bill almost doubling in the Dec-20 quarter.
Financial highlights for Dec-20 compared yoy and sequentially
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Gujarat Heavy Chemicals |
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Rs in Crore |
Dec-20 |
Dec-19 |
YOY |
Sep-20 |
QOQ |
|
Total Income (Rs cr) |
₹ 815.14 |
₹ 840.34 |
-3.00% |
₹ 806.51 |
1.07% |
|
Net Profit (Rs cr) |
₹ 117.57 |
₹ 96.91 |
21.32% |
₹ 84.46 |
39.20% |
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Diluted EPS (Rs) |
₹ 12.35 |
₹ 9.84 |
|
₹ 8.89 |
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Net Margins |
14.42% |
11.53% |
|
10.47% |
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