Gulshan Polyols reports 38% fall in Q3 net profit
18th Jan 2023

Gulshan Polyols has reported results for third quarter ended December 31, 2022.

The company has reported fall of 37.80% in its net profit at Rs 11.85 crore for Q3FY23 as compared to Rs 19.05 crore for the corresponding quarter previous year. However, total income of the company increased by 14.02% to Rs 333.80 crore for the quarter as compared to Rs 292.76 crore for the same quarter in the previous year.

Gulshan Polyols is engaged in manufacturing of ‘Sorbitol-70%’. Sorbitol, a starch derivative, sweet in taste, finds wide range application, the major uses in dentrifice, cosmetic, Pharma, Vitamin-C, food products etc.