GFL scores a Hat-trick

March 27, 2010 - PRLog -- GFL scores a Hat-trick
Bags Dun & Bradstreet (D&B) “Top Indian Chemical Company” Award, third time in a row

Vadodara based, Gujarat Fluorochemicals Limited (GFL), a part of the $2 billion Inox Group, has been conferred the "Top Indian Company in the Chemicals Sector” Award in the Dun & Bradstreet–Rolta Corporate Awards 2009. This is the third successive year that GFL has achieved this distinction.

Dun & Bradstreet (D&B), the world’s leading provider of global business information, knowledge and insight, has over the past decade, endeavoured to provide top Indian companies a global platform through its acclaimed publication, ‘India’s Top 500 Companies’. In continuation with its tradition to recognise achievement and success, GFL was conferred the award after examining the performance of over 500 companies.

Mr Deepak Asher, Director and Group Head (Corporate Finance), received this award on behalf of GFL from Mr R. Bandyopadhyay, Secretary, Ministry of Corporate Affairs, Government of India, at a presentation ceremony in Mumbai on 25th March, 2010.

Speaking on the occasion, Mr Asher said “We gratefully, and with all humility, accept this recognition. This award not only recognizes GFL’s leadership position in the Indian Chemical Sector, but also acknowledges its commitment to enhancing stakeholder value through superior financial performance. Receiving this award for the third year in succession is a result of GFL’s unwavering commitment to deliver sustained growth through consistent performance.”

The D&B-Rolta Corporate Awards seek to recognize the twin virtues of size and growth in corporate India. The final rankings are based on a composite score of eight weighted parameters: total income, net profit, net worth, net profit margin, return on net worth, average market capitalization, growth in total income and growth in net profit.

The selection procedure is based on an unique proprietary software developed by Dun & Bradstreet India



For more information, please contact:
Mr Deepak Asher
Director & Group Head (Corporate Finance)
Gujarat Fluorochemicals Limited
2nd Floor, ABS Towers, Old Padra Road
Vadodara 390 007 Gujarat, India
Phone: +91 265 308 1111
Email: deepakasher@gfl.co.in



About The Company
Gujarat Fluorochemicals Limited (GFL) is a part of the $2 billion INOX Group of Companies. Gujarat Fluorochemicals Limited (GFL) is a public limited company, listed on both the leading stock exchanges of India – the Bombay Stock Exchange and the National Stock Exchange. It was incorporated in 1987, and commenced commercial operations in 1989. GFL has a market capitalization close to US $ 400 million, Gross Fixed Assets of US $ 300 million, Net Worth of US $ 350 million, and strong cash profits in excess of US $ 100 Million per annum. GFL is rated AA- (stable) by CRISIL, India’s largest rating agency. GFL has been at the forefront in bringing the concept of carbon credits to India. GFL’s CDM project was the first in the world to seek registration by the CDM Executive Board, a body of the United Nations Framework for Climate Change. GFL is the largest CDM player in India, and amongst the top 5 globally.