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#GulshanPoly cud double its revenue from here once both MP nd Assam's #ethanol manufacturing plants (500+200 KLPD) start commercial production in FY24. Remember March 23. Not before. 
#Gulshanpoly
Q1'23 result:
Revenue: 270 Cr
EBITDA margin: 8% ;lowest in last 13 quarters
Company facing commodity cost headwinds. Row material cost and power cost increase.
Q1'23 result:
Revenue: 270 Cr
EBITDA margin: 8% ;lowest in last 13 quarters
Company facing commodity cost headwinds. Row material cost and power cost increase.
#Gulshanpoly
Capax updates:
*300 cr investment required to set up 500 KLPD Ethanol plant in M.P.
Commercial production can start by end of FY 23
*185 cr for setting up 250 KLPD in Assam.
Commercial production to start in FY 24.
*150 Cr investment in grain processing segment.
Capax updates:
*300 cr investment required to set up 500 KLPD Ethanol plant in M.P.
Commercial production can start by end of FY 23
*185 cr for setting up 250 KLPD in Assam.
Commercial production to start in FY 24.
*150 Cr investment in grain processing segment.
