Home / BUSINESS / Gujarat Alkalies & Chemicals reports 23% fall in Q4 net profit

Gujarat Alkalies & Chemicals reports 23% fall in Q4 net profit

 

Gujarat Alkalies & Chemicals has reported results for fourth quarter and year ended March 31, 2019.

The company has reported a fall of 23.17% in its net profit at Rs 169.83 crore for the quarter under review as compared to Rs 221.06 crore for the same quarter in the previous year. However, total income of the company increased by 10.28% at Rs 835.12 crore for Q4FY19 as compared Rs 757.29 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a rise of 28.90% in its net profit at Rs 689.65 crore as compared to Rs 535.02 crore for the previous year. Total income of the company increased by 23% at Rs 3,222.15 crore for year under review as compared to Rs 2,619.64 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has reported a rise of 29.13% in its net profit at Rs 690.19 crore as compared to Rs 534.50 crore for the previous year. Total income of the company increased by 23% at Rs 3,222.15 crore for year under review as compared to Rs 2,619.64 crore for year ended March 31, 2018.

Please share this news