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Press Release

Q3 2023-24 – February 09, 2024

Gulshan Polyols Limited (Gulshan) in its board meeting held on Friday, 9th February, 2024 has inter-alia considered and approved the Unaudited Standalone and Consolidated Financial Results of the Company for the Quarter ended on 31st December, 2023 as one of its agenda.

Q2 2023-24 – November 07, 2023

Gulshan Polyols Limited (Gulshan) in its board meeting held on 7th November, 2023 has inter-alia considered and approved the unaudited Financial Results of the Company for the Quarter and half year ended on 30th September, 2023 as one of its agenda. Read More

Q1 2023-24 – August 04, 2023

Gulshan Polyols Limited (Gulshan) in its board meeting held on 4th August, 2023 has inter-alia considered and approved the unaudited Financial Results of the Company for the First Quarter ended on 30th June, 2023 as one of its agenda. Read More

Q4 2022-23-March 31,2023

Gulshan Polyols Limited (Gulshan) in its board meeting held on 12th May, 2023 has inter-alia considered and approved the Audited Financial Results of the Company for the fourth quarter and year ended as on March 31, 2023 as one of its agenda. Read More

Q3 2022-23-January 17,2023

Gulshan Polyols Limited (Gulshan) in its board meeting held on 17th January, 2023 has inter-alia considered and approved the unaudited Financial Results of the Company for the quarter and nine months ended as on December 31, 2022 as one of its agenda. Read More

Purchase of Solar Power from Amplus RJ Solar Private Limited

Gulshan Polyols Limited is delighted to announce the collaboration with Amplus RJ Solar Private Limited, to purchase electricity in the form of solar energy for our Muzaffarnagar plant in Uttar Pradesh which is mainly focused on grain processing and mineral processing business. Read More

Q2 2022-23 – November 9, 2022

Gulshan Polyols Limited (Gulshan) in its board meeting held on 9th November, 2022 has inter-alia considered and approved the unaudited Financial Results of the Company for the half year and quarter ended on 30th September, 2022 as one of its agenda. Read More

Q1 2022-23 – August 9, 2022

Gulshan Polyols Limited (Gulshan) in its board meeting held on 9th August, 2022 has inter-alia considered and approved the unaudited Financial Results of the Company for the First Quarter ended on 30th June, 2022 as one of its agenda. Read More

Q4 2021-22 – May 20, 2022

Gulshan Polyols Ltd. announced financial and business performance for Q4 FY22 and FY22, revenue from operations stood at Rs. 29,222.67 Lakhs and 1,10,072.64 Lakhs respectively – with a growth of 28.54% on quarterly basis and healthy growth of 43.69% annually, predominantly driven by our grain processing division which recorded a growth of 50% over FY21. Read More

Paperex 2022 – World's Largest Paper Show

Gulshan Polyols Limited is delighted to announce that it participated in - "Paperex", which was the 15th International exhibition and conference on pulp, paper and allied industries. The event was hosted at the India Expo Centre, Greater Noida, Delhi NCR, India for online PCC/WGCC fillers and coating pigment solutions. Read More

Q3 2021-22 – 4th February, 2022

Gulshan Polyols Ltd announces Revenue from Operations stood at ₹ 29,266.10 Lakhs vs. ₹ 20,912.89 Lakhs in Q3'FY21, showing strong growth of 40%, similarly, Net Profit at ₹ 1,913.34 Lakhs vs. ₹ 1860.48 Lakhs in Q3'FY21 and we feel overjoyed to reiterate and announce that the Company has signed and executed a Long Term Offtake Agreement for our upcoming Standalone dedicated ethanol plant of 500 KLPD at Madhya Pradesh and 250 KLPD Ethanol Plant at Assam for supply of 8.91 Crores Liters and 3.96 Crores Liters per annum ''Indigenous Denatured Anhydrous Ethanol'', respectively to Oil Marketing Companies (OMCs) under Ethanol Blending Petroleum Program. Read More

Q2 2021-22 – 9th November, 2021

Gulshan Polyols Ltd announces Revenue from Operations stood at ₹ 27,728.36 Lakhs vs. ₹ 20,860.79 Lakhs in Q2'FY21, showing a decent growth of 33%, similarly, Net Profit at ₹ 2,847.93 Lakhs vs. ₹ 1712.53 Lakhs in Q2'FY21, showing a good growth of 66%. Further, we 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. Read More

Q1 2021-22 – 21st July, 2021

Gulshan Polyols Ltd announces Revenue from Operations stood at Rs 23,855.51 Lakhs vs. Rs 12,095.22 Lakhs in Q1’FY21, showing a remarkable growth of 97%, similarly, Net Profit at Rs. 2,619.03 Lakhs vs. Rs. 518.17 Lakhs in Q1’FY21, showing an impeccable growth of 405% and have already initiated the process to incorporate a wholly owned subsidiary of the Company in International Free Zone Authority (IFZA), Dubai Silicon Oasis, Dubai, United Arab Emirates. The Initial quarter of FY22 delivered a strong performance, reflecting a sequential growth, signaling an astonishing year ahead, for the company which would definitely built us in achieving our vision of becoming 1000 Crore Company. Read More

Q4 2020-21 – 22nd May, 2021

Gulshan Polyols Ltd announces Revenue from Operations stood at ₹ 22,734.54 Lakhs vs. ₹ 13,502.23 Lakhs in Q4'FY20, showing a remarkable growth of 68%, similarly, Net Profit at ₹ 2154.39 Lakhs vs. ₹ 278.2 Lakhs in Q4'FY20, showing an impeccable growth of 674% and has initiated the process of shortlisting of suppliers of Capital Items for setting up a 300KLPD Grain based Ethanol Manufacturing Facility. The project is expected to be on stream shortly after receipt of Environmental Clearance. Read More

Q3 2020-21 – 20th January, 2021

Gulshan Polyols Ltd announces Revenue from Operations stood at Rs 20,912.89 Lakhs vs. Rs 14,045.85 Lakhs in Q3’FY20, showing a remarkable growth of 49%, similarly, Net Profit at Rs. 1,860.48 Lakhs vs. Rs. 477.64 Lakhs in Q3’FY20, showing a growth of 290% and has initiated the process of setting up a 300KLPD Grain based Ethanol Manufacturing Facility at its existing site at Chhindwara, Madhya Pradesh. Read More

Q2 2020-21 – 2nd November, 2020

Gulshan Polyols Ltd announces Revenue from Operations stood at Rs 20860.79 Lakhs vs. Rs 17660.98 Lakhs in Q2’FY20, showing a remarkable growth of 18.12%. Read More

Q1 2020-21 – 6th August, 2020

Gulshan Polyols Ltd announces EBIDTA increased to 14.00% in Q1 from 12.17% in the corresponding quarter of previous year and has successfully commenced Ethanol production in its Boregaon Distt. Chhindwara (M.P.) Plant & Supplied 1231 Kilo Litter to all Oil Marketing Companies. Read More

Q4 2019-20 – 26th May, 2020

Gulshan Polyols Ltd announces Revenue from operations decreased to Rs. 620.80 crores from Rs. 673.89 crores in the previous year. Registered Decline is 8% on net revenue basis. Read More

Q4 2018-19 – 29th May, 2019

Gulshan Polyols Ltd announces Revenue from operations increased to Rs. 67388.61 Lakhs from Rs. 62403.80 Lakhs in the previous year. Registered growth is 8% on net revenue basis. Read More

Q3 2018-19 – 13th February, 2019

Gulshan Polyols Ltd announces Revenue from operation increased to Rs. 50393.01 Lakhs from Rs. 45529.05 Lakhs in the previous corresponding period, registering a growth of 11%. Read More

Q2 2018-19 – 13th November, 2018

Gulshan Polyols Ltd announces Revenue from operation increased to ` 16463.55 Lakhs from ` 13996.62 Lakhs in the corresponding quarter of previous year, registered growth of 17.62%. Read More

Receive tender for supply of Ethanol

Gulshan Polyols Ltd announces that the company has received tender for the supply of Ethanol... Read More

Q1 2018-19 – 3rd August, 2018

Gulshan Polyols Ltd announces Revenue from operations increased to ` 166.92 crores from ` 161.11 crores against corresponding quarter of previous year. Read More

Q4 2017-18 – 22nd May, 2018

Gulshan Polyols Ltd announces Revenue from operations increased to ` 624.04 crores from ` 526.82 crores in the previous year, registered growth of 25%. Read More

Q3 2017-18 – 29th January, 2018

Gulshan Polyols Ltd announces Revenue from operations Rs.158.12 crores for Q3 against Rs. 129.38 crores in the corresponding quarter of previous year, registered growth of 22%. Read More

Q2 2017-18 – 13th November, 2017

Gulshan Polyols Ltd announces net revenue registering a growth of 20% in half year. The Board has declared and maintained an interim dividend of 40% for the FY 2017-18. Read More

Q1 2017-18 – 11th August, 2017

Gulshan Polyols Ltd announces total Revenue of Rs. 161.11 Cr. for Q1 against Rs. 127.98 Cr. in the corresponding quarter of previous year, growth of 25.9%. Read More

Q4 2016-17 – 27th May, 2017

Gulshan Polyols Ltd announces Net Revenue of Rs. 149.36 Cr. for Q4 against Rs. 118.65 Cr. in the corresponding quarter of previous year, growth of 25.9%. Read More

Q3 2016-17 – 11th February, 2017

Gulshan Polyols Ltd announces Net Revenue of Rs. 12162.21 lakhs for Q3 against Rs. 10944.13 lakhs (inclusive of project export sales of Rs. 261.78 lakhs). Read More

Q2 2016-17 – 5th November, 2016

Gulshan Polyols Ltd announces net revenue is increased by 4.8% in Q2. Raw material cost is higher during this quarter also, due to persistent draught in maize growing area. Read More

Q1 2016-17 – 6th August, 2016

Gulshan Polyols Ltd announces net revenue up by 13.60 % in Ql FY2O16-17. EBIDTA is lower due to drastic increase in maize prices. Read More

Q4 2015-16 - 28th May, 2016

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Gulshan Polyols: Satellite PCC plants/On-site PCC plants - 2nd May, 2016 (papermart.in)

The company has set up India's first on-site PCC Plant in a recycled pulp based paper mill; as of now, the company has successfully set up six satellite plants which include the two on-site plant of PCC and WGCC set up in Bangladesh, says Mrs. Arushi Jain. Read More

Q3 2015-16 - 1st February, 2016

Net Revenue of t 10944.'13 lacs for Q3 against < 11515.22 lacs (inclusive of project export sales of < 1828.34|acs) in the corresponding quarter of previous year. Read More

Gulshan's 6th On-site PCC Plant - 23rd December, 2015

22'd December, 2015 - Gulshan Polyols Limited is pteased to announce successful commissioning of its sixth On-site PCC plant for Orient Paper Mills (OPM), a Birla Group Company, located in Amlai, Madhya Pradesh. Read More

Q2 2015-16 – 31st October, 2015

Net Sales of Rs. 108.92 crores for Q2 against Rs. LO4.L4 crores in the corresponding period in previous year, Year on Year growth of 4.7o/o for Q2. Read More

Q1 2015-16 – 1st August, 2015

Gulshan Polyols Ltd announces increase in PAT by 49 % and growth of 22% in Net Sales in Ql FY2O15-16. EBIDTA increased to Rs 17.98 crores, a rise of 32'7o/o, v/s Rs 13.54 crores in the previous year. Read More

Q4 2014-15 - 30th May, 2015

Gulshan Polyols achieved Year on Year growth of 23.7% in net sales of Rs 402.16 crores for the FY 2014-15 against Rs 325.22 crores in the previous year. EBIDTA increased by 18.6% to Rs 57.00 crores in FY 2014-15 v/s Rs 48.06 crores in the previous year. Read More

Gulshan Polyols signs MOU with OPIL, Birla Group - 3rd March, 2015

Gulshan Polyols Limited has won one more Onsite Plant and has entered into a Memorandum of Understanding (MOU) on March 02, 2015 with Orient Paper and Industries Ltd. (OPIL), Birla Group for setting up an Onsite PCC Plant for making writing paper in their Paper Mill located at Amlai, District Shahdol, Madhya Pradesh. Read More

Listing on National Stock Exchange and Q3 2014-15 – 14th February, 2015

Gulshan Polyols Ltd listed on National Stock Exchange effective from 28th January, 2015; surpasses highest ever quarterly Net Sales of Rs. 115.15 crores, registers 39% growth… Read More

Declared Interim Dividend @35% and Q2 2014-15 – 14th November, 2014

Gulshan Polyols Ltd achieves highest ever quarterly Net Sales of Rs. 104.25 crores, registers 32.9% growth; Announces Interim Dividend @ 35%. Read More

“In throes of Make in India Revolution - Gulshan On-site PCC”- 16th October, 2014

We are proud to announce the successful replacement of imported PCC with the commissioning of the third On Site PCC plant at ITC Limited, Tribeni, Kolkata. Read More

Q1 2014-15 – 2nd August, 2014

Gulshan Polyols attains multifarious growth and successfully commissioned following projects during this June 2014 quarter… Read More