OTHER GROUP COMPANIES
market

GHCL Ltd Q2 PAT up 30.18% at Rs109.95cr on on 122% spike in home textiles vertical EBITDA

GHCL Ltd reported 21.83% growth in total revenues for the Sep-21 quarter on consolidated basis at Rs982.59cr

November 01, 2021 1:02 IST | India Infoline News Service
GHCL
GHCL Ltd reported 21.83% growth in total revenues for the Sep-21 quarter on consolidated basis at Rs982.59cr. The revenues were up 15.04% on a sequential basis compared to Rs854.12cr in the Jun-21 quarter.

Among the two main verticals, the inorganic chemicals saw you growth in sales of 18.8% at Rs570cr while the home textiles segment saw sales growth of 26.3% on yoy basis at Rs.412cr.

Net profits for the Sep-21 quarter were higher by 30.18% on yoy basis at Rs109.95cr. On a sequential basis, the net profit was higher by 7.43% compared to the Jun-21 quarter profits of Rs102.35cr.

The EBIT of the inorganic vertical was 14% lower yoy but the home textiles business saw 122% spike in EBIT. Inventory efficiency gains in Q2 more than compensated for the 44.2% spike in raw material costs and the 33.3% spike in power and fuel costs in the quarter.

Net margins at 32.22% in the Sep-21 quarter was higher than 31.21% in the Sep-20 yoy quarter but lower than 39.83% in Jun-21 sequential quarter.


Financial highlights for Sep-21 compared yoy and sequentially


GHCL Ltd
Rs in Crore Sep-21 Sep-20 YOY Jun-21 QOQ
Total Income (Rs cr) ₹ 982.59 ₹ 806.51 21.83% ₹ 854.12 15.04%
Net Profit (Rs cr) ₹ 109.95 ₹ 84.46 30.18% ₹ 102.35 7.43%
Diluted EPS (Rs) ₹ 3.81 ₹ 2.91 ₹ 4.13
Net Margins 11.19% 10.47% 11.98%

OPEN A DEMAT ACCOUNT & Get FREE Benefits worth 10,000

OPEN A DEMAT ACCOUNT & Get
FREE Benefits worth 10,000

STOCK VIEW

PRESTIGE (NSE)

The average score for Prestige Estates Projects Limited stands at 4 against 6, three months back.

Prestige Estates Projects Limited is engaged in the business of real estate development. The Company’s principal products/services include Development and construction

FEATURED ARTICLE

BLOGS

Open ZERO Brokerage Demat Account

  • 0

    Delivery Brokerage for Lifetime

  • 20

    Per order for Intraday, F&O, Currency & Commodity