GHCL announced that announced that the Annual General Meeting (AGM) of the company will be held on 31 May 2018.

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Net profit of GHCL declined 27.37% to Rs 82.15 crore in the quarter ended March 2018 as against Rs 113.11 crore during the previous quarter ended March 2017. Sales declined 9.57% to Rs 728.71 crore in the quarter ended March 2018 as against Rs 805.80 crore during the previous quarter ended March 2017.

For the full year,net profit declined 5.76% to Rs 364.51 crore in the year ended March 2018 as against Rs 386.77 crore during the previous year ended March 2017. Sales rose 5.51% to Rs 2905.65 crore in the year ended March 2018 as against Rs 2753.99 crore during the previous year ended March 2017.

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GHCL announced that the Board of Directors of the Company at its meeting held on 25 April 2018, inter alia, have recommended the final dividend of Rs. 5 per equity share (i.e.50%), subject to the approval of the shareholders.

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GHCL announced that the company is coming with a new bedding product under the brand 'Rekoop' to be launched at New York Home Fashions Week - 19 March to 22 March 2018. This product is made after using eco-friendly fibres (made from recycled PET bottles), which is helpful for environment and global sustainability.

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