GHCL Limited witnessed a remarkable 10% increase in its share price this week, followed by the company’s robust financial performance for the second quarter ending September 30. The company reported a net profit of ₹154.8 crore, an impressive 8.4% rise from ₹142.8 crore during the same quarter last year.
Although GHCL’s quarterly revenue dipped slightly to ₹792.8 crore, down 1.6% from ₹806.1 crore, this decline was primarily attributed to lower realizations. Despite this, the company showcased operational efficiency with an improved EBITDA margin, rising to 26.6% from 26.4% in the previous year.
On Friday, GHCL shares opened at ₹600.90, reaching a high of ₹603.90 and a low of ₹586.20, reflecting investor confidence in the company’s ongoing performance and strategic direction.
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