Gujarat Alkalies tumbles after Q2 PAT slides 19% YoY

10 Nov 2022 , 12:18 PM

Consolidated revenue from operations jumped 36.5% to Rs 1,127.26 crore in Q2 FY23 as against Rs 825.76 crore registered in Q2 FY22. Profit before tax (PBT) for Q2 FY23 stood at Rs 118.42 crore, up 4.4% YoY. Total expenses spiked 31.4% year on year to Rs 963.53 crore in the quarter ended 30 September 2022. Cost of materials consumed stood at Rs 398.82 crore (up 21.8% YoY) and power, fuel and other utilities cost was Rs 276.88 (up 70.3%) while employees benefit expenses was at Rs 62.14 (down 15.6% YoY). Gujarat Alkalies & Chemicals is engaged in the business of industrial chemical. It is one of the largest producers of caustic soda in India. Powered by Capital Market – Live News