| Metric | Value (₹ Cr) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 756.54 | 4.9% | 2.9% |
| Total Income | 772.67 | 4.7% | 4.3% |
| Expenditure | 629.29 | 6.0% | 8.5% |
| PBT | 143.38 | 0.8% | 36.9% |
| Net Profit | 106.01 | 0.7% | 37.1% |
| OPM | 20.97% | 0.83pp | |
| NPM | 13.72% | 0.73pp | |
| EPS | 11.26 | 0.9% | 536.2% |
GHCL Ltd Reports 5% QoQ Revenue Growth in Q3 FY26; PAT Sees Marginal 0.8% QoQ Decline
29 Jan 2026 · 29 Jan, 10:05 pm
Summary
GHCL Ltd, India’s leading Chemical Company, announced its financial results for Q3 FY26. The company reported a 5% QoQ growth in revenue but saw a marginal 0.8% QoQ decline in Profit After Tax (PAT). The domestic soda ash market continues to face challenges due to cheap imports and aggressive global pricing strategies. The company's 3300 crore share buyback programme was successfully concluded. The Bromine and Vacuum Salt projects are in the final stages of execution and are on track for commissioning by the end of Q4 FY26.
Key Highlights
- 1
5% QoQ revenue growth in Q3 FY26
- 2
Marginal 0.8% QoQ decline in PAT in Q3 FY26
- 3
Domestic soda ash market facing challenges due to cheap imports and aggressive global pricing strategies
- 4
Successful conclusion of 3300 crore share buyback programme
- 5
Bromine and Vacuum Salt projects in final stages of execution, on track for commissioning by end of Q4 FY26
Management Comments
Mr. R S Jalan
Managing Director, GHCL Limited
Our performance in Q3 FY26 remains consistent with the previous quarter, reflecting a stabilizing yet challenging operational landscape. The domestic soda ash market continues to navigate significant headwinds, primarily driven by a persistent influx of cheap imports and aggressive global pricing strategies. Despite the continued flow of soda ash exports into the Indian market, GHCL has maintained its industry-leading margins. A significant highlight of this quarter was the successful conclusion of our 3300 crore share buyback programme. Our diversification projects are reaching a critical milestone. While heavy monsoon in Gujarat caused minor delays, our Bromine and Vacuum Salt projects are now in the final stages of execution and are on track for commissioning by the end of Q4 FY26. Looking ahead, our long-term outlook remains firmly positive.
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