Ghcl Q2 FY27: revenue up 12.0% to ₹808 Cr, net profit up 19.4% to ₹127 Cr
Results · Finvezto · 2 Nov 2026 · Ghcl (GHCL)
Results Q2 FY27, ₹ Cr
| Q2 FY27 | ₹ Cr | QoQ | YoY |
|---|---|---|---|
| Revenue | 808 | - | +12.0% |
| Operating profit | 189 | - | +20.3% |
| Net profit | 127 | - | +19.4% |
| Operating margin | 23.4% | - | +1.6 pp |
| Net margin | 15.8% | - | +1.0 pp |
YoY is the company's own figure. QoQ shows where our quarterly series matches the filing.
Key points
- Revenue for Q2 FY27 stood at INR 821 crores, up 11% year-on-year, while EBITDA rose 16% to INR 202 crores with an EBITDA margin of 24.7%. Earnings call
- Profit before tax before exceptional items grew 19% year-on-year to INR 172 crores, and profit after tax reached INR 127 crores. Earnings call
- Commercial production of vacuum salt commenced during the quarter, while commercial production of bromine began subsequent to the quarter's close. Earnings call
What to watch
- Management on capacity ramp-up: We expect the vacuum salt plant to operate at its intended capacity level by the end of FY27, while bromine plant will reach its intended capacity by the next financial year.
- Management on salt works capex: Both these projects will entail an investment of around INR450 crores and will significantly strengthen our raw material availability.
Links
Company page · Results tracker
Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.