Highlights: Q2 FY22 (YoY): Revenue from Operations stood at Rs. 27,728.36 Lakhs vs. Rs. 20,860.79 Lakhs in Q2 FY21, showing a decent growth of 33% Net Profit at Rs. 2,847.93 Lakhs vs. Rs. 1712.53 Lakhs in Q2 FY21, showing a good growth of 66%. Reported EBITDA at Rs. 4,750.86 Lakhs as compared with Rs. 3,498.96 Lakhs in Q2 FY21, grown by 36 %. EBITDA to Revenue is stands at 17 % in Q2 FY22. Net Profit to Revenue grown from 8% in Q2FY21 to 10% in Q2 FY22. The quarter reflected the strong positive free cash flows at Rs. 3,647.95 Lakhs versus Rs. 2,527.76 Lakhs in Q2 FY21, grown by Rs. 1,120.19 Lakhs which is almost 44 %. Finance costs reduced to Rs. 115.90 Lakhs as compared to Rs. 179.76 Lakhs in Q2 FY21. EPS improved to Rs. 6.07 from Rs. 3.65 in Q2 FY21 H1 FY22 (YoY): Revenue from Operations stood at Rs. 51,583.87 Lakhs vs. Rs. 32,956.01 Lakhs in H1 FY21, showing a notable growth of 57% Net Profit at Rs. 5,466.95 Lakhs vs. Rs. 2230.71 Lakhs in H1 FY21, which is 145 % with remarkable growth Reported EBITDA at Rs. 9,105.95 Lakhs as compared with Rs. 5,191.71 Lakhs in H1 FY21, grown by 75 %. EBITDA to Revenue is grown at 18 % in H1 FY22 vs 16 % in H1 FY21. Net Profit to Revenue grown from 7% in 6M’FY21 to 11% in H1 FY22. This half year reflected the strong positive free cash flows at Rs. 7,023.47 Lakhs versus Rs. 3,801.31 Lakhs in H1 FY21, grown by Rs. 3,222.16 Lakhs which is almost 85 %. Finance costs reduced to Rs. 197.89 Lakhs as compared to Rs. 398.36 Lakhs in H1 FY21. EPS improved to Rs. 11.65 from Rs. 4.75 in H1 FY21. Briefing by Dr. Chandra Kumar Jain, Chairman and Managing Director of Gulshan Polyols on the Company’s performance: ‘’During the quarter, we worked diligently by assuring employees’ safety while continuing to serve our customers by running our operations successfully. The Q2 results demonstrate that our business strategy is working well. We grew by 16% by recording Revenue from Operations in Q2 FY22 at Rs. 27728.36 Lakhs as compared to Rs. 23855.51 Lakhs in Q1 FY22. I thank our customers, partners, stakeholders, colleagues and employees as we are surpassing and moving ahead every quarter on quarter. I feel overjoyed to announce that Environment Clearance of 500KLPD along with CO GEN Power Plant has been granted to your Company for the proposed project activity i.e Grain Based distilleries for Ethanol Blended Petrol. This is achievable due to constant conviction and faith of all Stakeholders in the Company Additionally, Gulshan Polyols Limited has incorporated a Wholly Owned Subsidiary namely “GULSHAN OVERSEAS – FZCO” under Dubai Silicon Oasis Authority for the purpose of expanding the current business of the Company and exploring the business opportunities globally. ‘’I shall say that your Company is on a roller coaster ride to achieve all its planned milestones one by one due to our focus strategies and dedication of our management, employees and the trust of our customers. We have grown and growing ahead at the fastest pace ever in a decade, constantly.’’ Result PDF