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⢠Gujarat Alkalies and Chemicals reported a net loss of Rs 18.40 crore in the July-September period due to weak demand and aggressive competition from Chinese counterparts.
⢠Revenue fell 13.8 percent and EBITDA margin eroded sharply to 4.7 percent in the September quarter.
⢠Analysts expect a recovery in the second half of the current fiscal as high inventory from Chinese competitors wanes out.