Gujarat Alkalies and Chemicals Limited — Others, 16-05-2025: Appointment

Gujarat Alkalies and Chemicals has announced a board meeting on the approval of the financial results for the quarter and financial year ended March 31, 2025. Sales turnover reached Rs. 3,959.50 Cr, with EBITDA doubling to Rs. 452.56 Cr. Profit before tax turned positive at Rs. 9.72 Cr from a loss last year, and profit after tax climbed to Rs. 15.82 Cr. Production rose to 21.11 lakh MT. The Board proposed a dividend of Rs. 15.80 per share. Governance was strengthened with new auditors and the appointment of Shri S J Haider, IAS, as an additional director. While operations improve amidst sector challenges, the JV GACL-NALCO Alkalis & Chemicals faced technical issues but expects to restart production soon without any impairment of its investment.