GHCL Limited disclosed its unaudited standalone financial results for the quarter and half-year ended September 30, 2026, through a press release issued pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015.

Financial Performance - Q2 FY27 vs Q2 FY26 (Standalone Basis)

  • Net Revenue: ₹821 crores, representing 11% growth compared to ₹739 crores in Q2 FY26
  • EBIDTA: ₹202 crores, representing 16% growth compared to ₹175 crores in Q2 FY26
  • Net Profit: ₹127 crores, representing 19% growth compared to ₹107 crores in Q2 FY26

Financial Performance - H1 FY27 vs H1 FY26 (Standalone Basis)

  • Net Revenue: ₹1,619 crores, representing 4% growth compared to ₹1,562 crores in H1 FY26
  • EBIDTA: ₹435 crores, representing 9% growth compared to ₹399 crores in H1 FY26
  • Net Profit: ₹319 crores, representing 26% growth compared to ₹252 crores in H1 FY26

Management Commentary

Mr. R S Jalan, Managing Director, commented on the global soda ash industry facing continued pricing pressure due to ongoing global oversupply, a trend expected to persist over the next few quarters. Despite soft realizations and steady import pressure, the company's low-cost positioning, disciplined operational efficiencies, and structural cost management enabled resilience.

Strategic Developments

The company successfully commenced commercial production of Vacuum Salt during the quarter, powered by waste heat recovered from soda ash operations. Subsequent to the quarter close, the company commenced commercial production of Bromine, marking another milestone in its diversification journey.

Forward-looking Strategy

The strategic focus remains on operational excellence, optimizing newly commissioned Vacuum Salt and Bromine capacities, and advancing long-term greenfield expansion plans. The company remains confident in navigating near-term cyclicality backed by best-in-class operations, resilient domestic demand, and a strong balance sheet.

Company Background

GHCL Limited is the largest manufacturer of soda ash at a single location in India, with a state-of-the-art manufacturing plant at Sutrapada, Gujarat with installed production capacity of 1.2 million tons per annum. Soda Ash serves as a major raw material for detergent & glass industries, sodium bicarbonate, solar glass, and lithium batteries.