JG Chemicals, India's largest zinc oxide manufacturer, reported a 7.7% increase in Q1 consolidated revenue to ₹2,180.13 million. Net profit rose slightly to ₹163.59 million, despite a marginal decline in EBITDA margin to 10.64%. The company announced plans for a new ₹100 crore facility in Dahej, Gujarat, with a capacity of over 40,000 MTPA, expected to generate potential revenue of ₹900 crore. This expansion aims to increase non-rubber revenues from 15% to 30% in the coming years.
17May 25
J.G. Chemicals Reports Growth in Q4 Revenue and Profit Despite Margin Pressure
J.G. Chemicals announced Q4 financial results with consolidated revenue increasing to ₹2.24 billion, up 23.80% year-over-year. Net profit rose 16.79% to ₹153 million, and EBITDA grew 13.95% to ₹196 million. However, EBITDA margin decreased to 8.74% from 9.50%, indicating some pressure on profitability.
06May 25
JG Chemicals' Subsidiary Expands Footprint with Land Acquisition in Andhra Pradesh
A subsidiary of JG Chemicals has purchased land in Andhra Pradesh for ₹23.40 crore, excluding taxes. The strategic acquisition aims to strengthen the company's presence in southern India. While specific plans for the land are not disclosed, the move signals potential expansion of operations or manufacturing facilities in the region. Andhra Pradesh's industrial-friendly policies, skilled workforce, and access to ports make it an attractive location for business growth.