Gujarat Fluorochemicals Q2 Review - Integration Play Helped To Maximise Value Addition: KRChoksey
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KRChoksey Research Report
In Q2 FY22, Gujarat Fluorochemicals Ltd. reported revenue of Rs 9,640 million showing a robust growth of 56.16% on YoY basis and 5.71% on QoQ basis.
Such strong performance was mainly driven by higher realisations and volume growth.
On operational front Ebitda in Q2 FY22 stood at Rs 2,955 million which was up by 88.22% YoY and 15.84% QoQ.
Ebitda margins increased by 522 basis points YoY, and 268 bps QoQ to 30.65% in Q2 FY22. Margins improved on account of lower raw material costs and power and fuel costs.
Net Profit in Q2 FY22 came at Rs 2,049 million, with net profit margin at 21.26%.
Lower finance costs helped Gujarat Fluorochemicals deliver better margins during the quarter.
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