Ghcl

GHCL partners with AuthBridge to strengthen supplier ESG compliance

GHCL Ltd has partnered with authentication solutions provider AuthBridge to enhance environmental, social and governance (ESG) compliance across its supplier network, the chemical manufacturer said on Monday. The collaboration will automate ESG data collection and verification, introduce ESG scoring into supplier evaluations, and align practices with global standards, including India's Business Responsibility and Sustainability Reporting (BRSR) framework mandated by the Securities and Exchange Board of India (SEBI). AuthBridge has engaged with GHCL's suppliers to facilitate ESG adoption, guiding security service providers on workplace harassment prevention and labour laws, while helping manufacturing partners track greenhouse gas emissions across direct and indirect sources. "Listed companies increasingly need scalable, tech-enabled solutions to manage supplier compliance," AuthBridge Founder and CEO Ajay Trehan said in a statement. GHCL's supplier base includes raw material vendor

GHCL Q3 results: Net profit up 68% at Rs 168 cr on lower operating expenses

Chemical company GHCL Ltd on Friday posted a 68 per cent rise in net profit to Rs 168 crore in the December quarter mainly due to lower operating expenses. The company's operating expenses came down to Rs 548 crore during the quarter compared to Rs 648 crore in the same period a year ago, the company said in a statement. The profit after tax (PAT) grew 68 per cent to Rs 168 crore in the October-December period as against Rs 100 crore in the year-ago period, it stated. The company's net revenue was Rs 807 crores, down from Rs 813 crores a year ago, it stated. The EBIDTA grew 57 per cent to Rs 259 crore as compared to Rs 165 crore a year earlier. GHCL Managing Director R S Jalan said in the statement, "We have reported a robust financial performance for the quarter ended December 31, 2024 on the back of continued focus upon our core area of operations." GHCL Ltd is engaged in the manufacture of soda ash (anhydrous sodium carbonate), a major raw material for detergents & glass ...

Tata Chemicals, GHCL spurt up to 7%; why are chemical stocks gaining today?

Centre said it shall impose a Minimum Import Price (MIP) of Rs 20,108 per tonne on Disodium Carbonate (Soda Ash) up to June 30, 2025

GHCL climbs 7%; hits record high on environmental nod for soda ash project

Since October 26, GHCL shares have surged 37 per cent after the company reported resilient September quarter performance despite challenging global market conditions and higher imports into India

GHCL up 5% as board approves capex of Rs 350 cr for salt field in Kutch

The company's board approved an additional capex of Rs 350 crore for the development of Zara Zumara Salt Field work in Kutch, Gujarat

GHCL Q2 results: PAT rises 8% to Rs 154.83 cr, total income at Rs 810 cr

Chemical firm GHCL Ltd has posted an 8 per cent increase in its consolidated net profit to Rs 154.83 crore for the quarter ended September. Its net profit stood at Rs 142.84 crore in the year-ago period. Total income declined to Rs 810.23 crore in the July-September period of this fiscal from Rs 816.65 crore in the corresponding period of the preceding year, according to a regulatory filing on Tuesday. GHCL Limited is engaged in the manufacture of soda ash (Anhydrous Sodium Carbonate). Through a demerger, it has separated its spinning business into GHCL Textiles Ltd. "We are glad to report a resilient Q2 performance, with a clear focus on operating excellence. Realizations stayed tempered during the quarter despite some increase in net imports of soda ash," R S Jalan, Managing Director of GHCL, said. Going forward, globally, the pricing may remain range-bound as industry challenges have not yet fully resolved and potential risks persist due to the ongoing geopolitical situations,

GHCL stock up 12% day after dip in Q1 net; here's what triggered the rally

GHCL has been allotted 6,449 hectares of land in Kutch for salt production on a 30-year lease; stock up 40 per cent so far in FY25.

Global Investors Meet 2024: GHCL Textiles to invest Rs 535 cr in Tamil Nadu

The MoU was signed in the presence of Chief Minister M K Stalin, senior ministers, and officials of the Government of Tamil Nadu

Soda ash maker GHCL reports 51% decline in Q2 net profit at Rs 143 cr

Leading soda ash maker GHCL Ltd on Tuesday reported a decline of 51.45 per cent in its consolidated net profit to Rs 142.84 crore in the second quarter ended September 2023. It had reported a net profit of Rs 294.25 crore in the July-September quarter a year ago, according to a regulatory filing from GHCL. Its revenue from operation was down 31.53 per cent to Rs 805.42 crore during the quarter, in comparison to Rs 1,176.37 crore a year ago. Total expenses in the September quarter were at Rs 625.19 crore, down 22 per cent. "Our performance during the quarter was influenced by several factors like continued weakness in the global soda ash markets resulting in oversupply situation, increased imports in India and reduction in energy and associated costs," said R S Jalan, managing director of GHCL. While the global markets continue to remain soft, GHCL is beginning to observe early signs of demand recovery in domestic market especially in the conventional end-user sectors, he said. "T

GHCL completes demerger of its spinning business into GHCL Textiles

Chemicals major GHCL has completed the demerger of its spinning business into GHCL Textiles. The demerger became effective from April 1 and the new entity GHCL Textiles will be listed on NSE and BSE after receiving regulatory approvals. The "demerger aims to unlock and maximise value for all stakeholders' and focus on operations and customers. It brings forth focused leadership and addresses independent opportunities with prudent capital allocation, the company said in a statement on Monday. "GHCL Textiles assumes all the assets and liabilities of the spinning business," it added. As per the demerger scheme, GHCL shareholders are "to get shares of GHCL Textiles in the ratio of 1:1". GHCL Managing Director R S Jalan said, the demerger is envisaged to create strong independent businesses uniquely positioned to enhance stakeholders' value over time. In February, the Ahmedabad bench of NCLT approved the demerger of the spinning division of the company into GHCL Textiles. GHCL is int

Ganesh Housing zooms 53% in five trading days; hits over 13-year high

Brickwork Ratings has upgraded the ratings of bank loan facilities of the company by 3 notches from BWR B- to BWR BB-

GHCL hits new high amid heavy volumes; stock surges 28% in one week

GHCL had received 'No adverse observation/ No objection' letters from the BSE and the National Stock Exchange of India for a proposed scheme of arrangement on March 3

Sensex falls 105 pts amid mixed global cues; Adani Green gains 6%, HDFC 2%

HDFC (up 1.7 per cent), Reliance Industries (1.2 per cent), and Power Grid (0.56 per cent) were the top large-cap gainers today

Indo Count buys GHCL's home textiles business, IP, inventory for Rs 576 cr

The deal does not include GHCL's spinning unit in Tamil Nadu's Madurai

GHCL surges 9% after DSP Blackrock Mutual Fund buys stakes

The stock hit a new high of 299 after the DSP Blackrock Mutual Fund bought 950,528 shares at Rs 272

GHCL standalone net profit declines 40.94% in the September 2017 quarter

GHCL standalone net profit declines 40.94% in the September 2017 quarter

GHCL dips 9% on disappointing Q2 results

The stock dipped 9% to Rs 228 after the company reported 41% YoY decline in its standalone net profit at Rs 53 crore in September quarter

GHCL to shift focus to domestic market

GHCL has confirmed its plans to solidify its presence in the domestic home furnishings market

After inorganic chemicals and textiles, GHCL now eyes consumer products

Company to tap modern trade with products like spices, honey and salt for diabetics

GHCL's Q2 net profit up by 79%

Revenue grew 1.85% to Rs 703.14 crore during Q2 of current financial year as against Rs 690.34 crore last year