GHCL shares slipped over 5% in early trade after the company reported a weak set of numbers for the September quarter (Q2 FY25). As of 9:47 AM, the shares were trading 5.37% lower at Rs 605.80.
On a consolidated basis, GHCL’s revenue dropped 9% year-on-year to ₹721 crore from ₹793 crore, mainly due to lower realizations and muted demand trends. Operating performance also took a hit — EBITDA declined 25.5% to ₹157 crore compared to ₹211 crore a year ago, while margins contracted sharply to 21.8% from 26.6%.
Profitability remained under pressure as net profit fell 31% year-on-year to ₹107 crore from ₹155 crore in the same period last year.
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