Gujarat Fluorochemicals shares jumped more than 6% after solid Q3 results. As of 1:32 PM, the shares were trading 5.86% higher at Rs 3,546.60.
The company reported that its net profit soared 57.5% YoY to ₹126 crore from ₹80 crore, driven by higher revenue and improved margins. Revenue climbed 15.7% to ₹1,148 crore, up from ₹992 crore a year ago, as the company continued to benefit from strong demand for its specialty chemicals and fluoropolymers.
Operating performance also showed significant improvement, with EBITDA rising 42.7% to ₹294 crore, compared to ₹206 crore in the previous year. This translated to an EBITDA margin expansion to 25.6% from 20.8%, indicating better cost efficiencies and a favorable product mix.
Gujarat Fluorochemicals’ shares opened at ₹3,350, reaching a high of ₹3,599 and a low of ₹3,295.90. The stock remains volatile, with a 52-week high of ₹4,880.95 and a low of ₹2,476.
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