Ganesh Benzoplast Reports 9% Revenue Growth in Q1, Chemical Division Surges 223% Aug 16, 2025
Ganesh Benzoplast Limited (GBL) reported a 9% increase in consolidated revenue to INR 956.00 crore for Q1. The chemical division saw exceptional growth with a 26% increase in turnover and a 223% surge in profit before tax. The liquid storage terminal (LST) business faced temporary challenges due to maintenance work. The company's consolidated profit after tax grew by 10% to INR 181.00 crore, with earnings per share rising 11% to INR 2.52. GBL is evaluating options for its JNPT land after the LPG terminal joint venture with BW was called off. The company is also in the process of renewing its JNPT lease for 30 years and has settled the Morgan legal case.
Ganesh Benzoplast Reports 9% Revenue Growth in Q1, Appoints New Independent Woman Director Aug 11, 2025
Ganesh Benzoplast Secures Court Order in ₹7.03 Crore Fake Loan Case Jul 15, 2025
NCLAT Reinstates Ganesh Benzoplast Case to NCLT Following Loksevak's Appeal Jul 09, 2025
Ganesh Benzoplast Seeks New Path as Partners Exit JNPT LPG Terminal Project May 20, 2025
Ganesh Benzoplast Ltd, a leading chemical storage company, reported mixed Q4 FY2024 results. EBITDA increased by 49.29% to ₹315.00 crore, with the EBITDA margin improving to 31.53%. However, consolidated revenue declined by 31.58% to ₹999.00 crore. The company posted a net loss of ₹132.00 crore, slightly better than the ₹143.00 crore loss in Q4 FY2023. The results indicate successful cost-control measures and improved operational efficiency, despite challenges in revenue generation.
01Apr 25
Ganesh Benzoplast Secures Major ₹169.24 Crore Order from JSW Jaigarh Port
Ganesh Benzoplast Limited (GBL) has been awarded a ₹169.24 crore contract by JSW Jaigarh Port Ltd for a Chemical Tank Farm Project. The EPC project includes constructing 11 chemical tanks, installing a dock pipeline, and associated civil works. The project is expected to be completed within 27 months. This significant order boosts GBL's order book and is likely to positively impact its revenue over the next two years. The company has confirmed that the contract is not a related party transaction and no promoters or group companies have interests in JSW Jaigarh Port Ltd.