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Gujarat Fluorochemicals Q1 Results: Profit Slumps By More Than A Third, Revenue Drops 10%

The company's first-quarter net profit fell 34.32% year-on-year to Rs 201.15 crore, missing Bloomberg estimate of Rs 275.05 crore.

Varsha Chandnani

Gujarat Fluorochemicals Ltd.'s chemical plant in Gujarat. (Source: Company website)

Gujarat Fluorochemicals Ltd's first-quarter profit declined, missing analysts' estimates.

On Friday, shares of Gujarat Fluorochemicals fell 0.73% to Rs 2,808.90 apiece, even as the benchmark Nifty 50 ended the day 0.70% higher at 19,517.00 points.

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