/ -- The Board of Directors of GACL at its meeting held at Gandhinagar on 7th November 2019 approved the financial results for the second quarter and the first six months ended 30th September 2019.
For the quarter ended 30th September 2019, the overall production growth of major revenue earning products improved as against the corresponding period of the previous year. Despite aggressive competition and the volatile market conditions prevailing during the quarter ended 30th September 2019 the company could achieve the sales turnover of Rs.679.10 Crores as against Rs.756.94 Crores in the corresponding period of the previous year. During the first six months ended 30th September 2019, GACL could achieve a sales turnover of Rs.1,406.85 Crores as against Rs.1,501.00 Crores pertaining to the corresponding period of the previous year.
Profit Before Tax (PBT) for the second quarter of Financial Year 2019-20 stands at Rs.146.48 Crores as against Rs.252.57 Crores, PBT pertaining to the corresponding period of previous year. Profit Before Tax (PBT) for the first six months of the Financial Year 2019-20 stands at Rs.374.46 Crores as against Rs.511.94 Crores, PBT for the corresponding period of the previous year.
Profit After Tax (PAT) for the second quarter of the Financial Year 2019-20 stands at Rs.102.26 Crores as against Rs.174.37 Crores, PAT for the corresponding period of the previous year. Profit After Tax (PAT) for the first six months of Financial Year 2019-20 stands at Rs.261.15 Crores as against Rs.357.54 Crores for the corresponding period of the previous year.
The financial ratios based on the performance of six months of 2019-20 vis--vis FY 2018-19 are as under:
Financial Ratios
Unit
Six Months of
F.Y.2019-20 (Annualised)
F. Y. 2018-19
i)
Earning Per Share
Rs. / Share
71.12
93.91
ii)
Cash Earning per Share
Rs. / Share
122.50
157.28
iii)
Price Earning ratio
Times
6.41
5.25
iv)
Gross Profit Ratio
Percentage
32.49
37.90
v)
Interest Coverage Ratio
Times
63.22
56.15
Hydrazine Hydrate Project
Phosphoric Acid Project
Chloromethane Project
Stable Bleaching Powder Project
Chlorotoluene Project
Anhydrous Aluminium Chloride Project
65 MW Coal Power Project
Caustic Soda Expansion Project
Replacement of 440 Elements
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