Gujarat Alkalies swings to ₹16.3 crore profit in Q2; board clears renewable expansion

Gujarat Alkalies and Chemicals Ltd

(GACL) on Friday reported a consolidated net profit of ₹16.3 crore for the September quarter, compared with a loss of ₹18.2 crore a year earlier, supported by higher sales and improved operational performance.

Revenue from operations rose 9.3% year-on-year to ₹1,083 crore from ₹990.7 crore, the company said in a filing. The improvement reflects better realisations and easing input costs across key chemical products.

The company’s board also approved two key decisions at its meeting held on November 7, 2025. It appointed M/s Talati & Talati LLP, Vadodara, as internal auditors for a two-year term beginning July 1, 2026, through June 30, 2028, following the recommendation of the audit committee.

Separately, the board granted in-principle approval to set up an additional 42.9-MW renewable hybrid power facility, in addition to its ongoing 62.7-MW and 72-MW renewable energy projects. The expansion will be executed on a long-term basis under a captive special purpose vehicle (SPV) arrangement with power developers.

To oversee this initiative, the company has formed an investment committee that will evaluate participation in SPVs aimed at securing power for captive consumption. GACL said further details on the project will be shared in due course.

Shares of the company ended at a price of ₹560.95 on the BSE, 0.5% higher than the last closing price. The stock is down 25.3% in the year so far.