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Gujarat Alkalies surges as Q1 profit nearly doubles

By: nancycutie8 | Posted Jul 30, 2016 | General | 44 Views

Gujarat Alkalies along with Chemical compounds has surged 17% to Rs 284 for the BSE in intra-day business right after post tax profit for the particular fraction finished July 30, 2016(Q1FY17) virtually bending to Urs 86 crore on the back better income return. The company engaged in item chemicals organization got authorized a profit associated with Players Forty-four crore inside the year-ago one fourth.


Product sales turnover greater by 9% from Rs 515 crore inside June one fourth versus Players 473 crore within the equivalent 1 / 4 of prior monetary.


EBITDA(income before curiosity, taxes, depreciation along with amortisation) perimeter extended for you to 25.6% from 07.2% in the corresponding 1 / 4 of past calendar year.


The business said hello plans to put in added wind electrical power capability of Fourteen.75 megawatt(MW) causing in to total ability regarding 171.45 MW and also 15 MW analysis solar energy by the end of current monetary 12 months.


With 10:Fifty one'm, the particular investment has been upward 11% to Urs 269 around the BSE on back again of two-fold jump in trading amounts. Any blended 1.27 million explains to you changed hands on the counter-top for the BSE along with NSE thus far.


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