GHCL Ltd Experiences Decline in Profit Amidst Sales Slump
Soda ash manufacturer GHCL Ltd reported a 4.32% decrease in consolidated net profit to Rs 144.11 crore for the June quarter, attributed to slow sales. The company's net income also saw a decline compared to the previous year. Additionally, GHCL extended its mining lease rights in Gujarat for another 20 years.
- Country:
- India
GHCL Ltd, a major player in the soda ash industry, has announced a 4.32% decline in its consolidated net profit for the June quarter, with profits dropping to Rs 144.11 crore compared to Rs 150.63 crore a year earlier. The downturn is attributed primarily to sluggish sales, as noted in their latest regulatory filing.
The Noida-headquartered company also reported a decrease in net income, falling from Rs 848.76 crore in the year-ago period to Rs 822.54 crore during the April-June quarter of the 2025-26 fiscal year. This highlights the challenges GHCL faces in maintaining its income levels amid changing market conditions.
In a strategic move, GHCL has secured a 20-year extension on its mining lease rights for lignite spanning 171 hectares in Khadsaliya village, Bhavnagar district, Gujarat. This development indicates the company's continued focus on resource expansion and long-term operational planning.
(With inputs from agencies.)
ALSO READ
ED arrests Gujarat IAS officer Rajendrakumar Patel in bribery-linked money laundering probe: Officials.
Gujarat IAS Officer Arrested in Bribery-Linked Money Laundering Case
ED Uncovers Multicrore Fraud in Gujarat: Silver, Gold, and Cash Seized
Gujarat Bolsters Cyber Shield for Energy Infrastructure
Leadership Transition in Gujarat Police: KLN Rao Takes Charge

