Quarterly Result29 May 2026, 01:57 pm
Gujarat Alkalies Recommends ₹17.70 Dividend, Approves New Plant
AI Summary
Gujarat Alkalies and Chemicals Ltd (GACL) announced its audited financial results for the fourth quarter and financial year ended March 31, 2026. The board has recommended a dividend of ₹17.70 per equity share (177% of ₹10 each). Additionally, the board approved the establishment of a 5000 TPA High Purity Grade Hydrogen Peroxide Plant at Dahej with an estimated investment of ₹67 crores. The project is expected to be operational within 18 months and contribute approximately ₹42 crores to annual sales revenue. Standalone revenue from operations for the year ended March 31, 2026, stood at ₹4358.08 Lakhs.
Key Highlights
- GACL recommends a dividend of ₹17.70 per share (177%) for FY26.
- Board approves 5000 TPA High Purity Hydrogen Peroxide Plant at Dahej with ₹67 crore investment.
- New plant is expected to contribute ₹42 crore to annual sales revenue.
- Standalone revenue from operations for FY26 is ₹4358.08 Lakhs.
- The project will be funded from internal operations and borrowings.
Price Impact
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