GHCL hits new 52-week high on superhit Q4FY22 show; PAT jumps 126% yoy

2 May 2022 , 12:34 PM

GHCL Limited, India’s leading Chemical & Textile Company, has announced its financial results for Q4 and FY22.

Its counter strikes a new 52-week high of Rs681 in today’s trade as the company posted robust growth during the quarter ended March 2022.
GHCL’s revenue grew by 77% yoy at Rs1,279 crore for Q4FY22 as compared to Rs723 crore in the corresponding quarter last year.

During Q4FY22, the company posted a robust EBIDTA growth of 113% yoy at Rs411 crore as against Rs193 crore in the previous corresponding quarter.

Net Profit (PAT) for Q4FY22 jumped 126% yoy at Rs244 crore as compared to Rs108 crore in Q4FY21.

At around 12.28 PM, GHCL’s stock was trading at Rs671, up by Rs51.75 or 8.36% against its previous close of Rs619.25 on the National Stock Exchange.

For FY22, revenue grew by 52% yoy to Rs3,789 crore as against Rs2,498 crore in FY21. Its EBIDTA for the financial year ended March 2022, grew by 64% yoy to Rs992 crore in FY22 as against Rs604 crore in FY21.

Company’s PAT during FY22 jumped 87% to Rs574 crore as against Rs307 crore in FY21.