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GHCL: 3Q 2006 profit up 5%

India“s GHCL reported a 5% rise in profit after tax (PAT) for the 3Q 2006 ended 30 September to INR 247.1 million, compared to INR 234.3 million in the 3Q 2005.
Net sales for the quarter went up by …

India“s GHCL reported a 5% rise in profit after tax (PAT) for the 3Q 2006 ended 30 September to INR 247.1 million, compared to INR 234.3 million in the 3Q 2005. Net sales for the quarter went up by 17% to INR 1943 million from INR 1656.4 million in the year ago period, GHCL said in a release. For the nine month period ended 30 September 2006, the company reported a 28% increase in its PAT to INR 838.6 million, compared to INR 655.7 million during the corresponding period in 2005. Net income of the company for the nine month period grew 31% to INR 6039.8 million from INR 4599.8 million during the same period 2005. “We are looking forward to a strong growth in the coming times both in the area of soda ash and textiles”, GHCL Chairman Sanjay Dalmia said.

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