Gujarat Fluorochemicals Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 07, 2024 at 02:29 am EST
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Gujarat Fluorochemicals Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 9,917.4 million compared to INR 14,179.1 million a year ago. Revenue was INR 10,049.2 million compared to INR 14,393.2 million a year ago. Net income was INR 800.9 million compared to INR 3,294.5 million a year ago. Basic earnings per share from continuing operations was INR 7.29 compared to INR 30.09 a year ago. Diluted earnings per share from continuing operations was INR 7.29 compared to INR 30.09 a year ago.
For the nine months, sales was INR 31,477.9 million compared to INR 42,132.3 million a year ago. Revenue was INR 31,890.3 million compared to INR 42,850.8 million a year ago. Net income was INR 3,339.8 million compared to INR 9,969.4 million a year ago. Basic earnings per share from continuing operations was INR 30.4 compared to INR 90.23 a year ago. Diluted earnings per share from continuing operations was INR 30.4 compared to INR 90.23 a year ago.
Gujarat Fluorochemicals Limited is an India-based chemical company. The Company's business segment is chemicals, which comprises of bulk chemicals, fluorochemicals and fluoropolymer. The Company is engaged in the manufacturing and trading of refrigerant gases, caustic soda, chloromethane, polytetrafluoroethylene (PTFE), fluoropolymers, fluoromonomers, specialty fluorointermediates, speciality chemicals, mining and sale of fluorspar and allied activities. The Company caters to both domestic and international markets. Its chemical products include caustic soda, carbon tetrachloride, chlorine, methylene di chloride, hydrochloric acid, sodium hydrogen sulphate, hydrogen gas, fluorspar and anhydrous hydrogen chloride. Its fluoropolymers products include polyvinylidene fluoride (PVDF), fluorine kautschuk material (FKM), perfluoroaloxy alkanes (PFA), micro powder fluorinated ethylene propylene (FEP) and PPA. The Company's refrigerants products include R22, R32, R407C and R410A.
GUJARAT FLUOROCHEMICALS LIMITED 
