ghcl

Soda ash maker ghcl posted a 60% decline in its consolidated net profit for the third quarter of FY 2024. Its revenue from operations declined 27.6% to Rs 797.33 crore as compared to Rs 1,101.62 crore during the said period. ghcl’s share prices stood at Rs 579.5 apiece on BSE as the market closed on Friday.

AHMEDABAD: The Sanjay Dalmia-controlled Rs 412-crore Gujarat Heavy Chemicals Ltd (ghcl) will amalgamate its loss-making textile company, Sree Meenakshi Mills Ltd (SMML), with itself with retrospective effect from April 01, 2001.

Chemical giant ghcl has completed divestment of its home textile business to Indo Count Industries Limited for Rs 608.30 crore. The divestment of ghcl’s home textile business is a significant value unlocking exercise for all its stakeholders, the company said in a release.

AHMEDABAD: After IDBI's divestment of 50 per cent of its stake in ghcl Ltd, the GIIC is planning to sell its entire 13.35 per cent stake in ghcl.

Protesting against a proposed salt manufacturing unit to be set up by ghcl near Chikhli village of Una taluka, a mob of about 1,500 villagers went on a rampage in the company's premises on Sunday.

AHMEDABAD: The Rs 500 crore ghcl Ltd will invest Rs 220 crore to set up facilities near Vapi, Gujarat for weaving, processing and production of bedcovers and curtains, largely for export markets.

AHMEDABAD: Sanjay Dalmia-controlled Gujarat Heavy Chemicals Ltd's major diversification into the information technology enabled services is expected to generate over Rs 50 crore in revenues during the current fiscal year, apart from possible acquisitions abroad.

NABET's punishment order for NEERI was issued on December 23, following a complaint by residents of Mandvi taluka of Kutch district, who are opposing the soda ash plant proposed by Gujarat Heavy Chemicals Ltd (ghcl) near Bada village.

Gujarat High Court has stayed industries and mines department's decision to lease gauchar land of Bhimdeval village in Junagadh district to Gujarat Heavy Chemicals Ltd (ghcl).

Driven by the inorganic chemicals business, the country’s second largest soda ash manufacturer Gujarat Heavy Chemicals Limited (ghcl) posted a 52% rise in its consolidated net profit for the third quarter of fiscal year 2022-23, the company announced in its regulatory filing.

ghcl Ltd has entered into definitive agreements through its overseas subsidiary for acquiring 90% shares or more, in Dan River USA.

Protesting against a proposed salt manufacturing unit to be set up by Gujarat Heavy Chemicals Limited near Chikhli village of Una taluka, a mob of about 1,500 villagers went on a rampage in the company's premises on Sunday.

ghcl, a leading soda ash manufacturer, experienced a 51% decline in its standalone net profit in the second quarter of FY 2024. The company attributes this decline to reduced demand and an oversupply situation in the global market, resulting in lower soda ash prices. ghcl also posted a decline in net revenue. However, the company remains optimistic, noting early signs of demand recovery in the domestic market and outlining ambitious growth plans for the future.

In the arid and semi-arid landscape of Gujarat, access to potable water and that for utility is a key challenge in various villages and more so with the upcoming summer.

The Gir-Somnath police busted a racket of stealing imported coal of soda ash maker ghcl Ltd and arrested three people.

New Delhi, Feb 15 () Global organisational consulting firm Korn Ferry today said Sharad Vishvanath has joined the firm as APAC regional head for the Transformation and Transaction (M&A) practice.