Gujarat Fluorochemicals Revenue History — Quarter by Quarter

Gujarat Fluorochemicals's revenue moved from ₹1,281 Cr in Q1 FY26 to ₹1,369 Cr in Q4 FY26, a 6.9% change over 4 quarters. The table keeps each quarter linked back to the underlying earnings page.

Revenue by Quarter

Quarter	Revenue (₹ Cr)	YoY Change
Q4 FY26	₹1,369 Cr	+11%
Q3 FY26	₹1,136 Cr	-1%
Q2 FY26	₹1,210 Cr	+2%
Q1 FY26	₹1,281 Cr	+5%

What management said about revenue

Q4 FY26 · Fluoropolymer volume growth of 15-20% in FY27

Management guided 15-20% volume growth in fluoropolymer products for FY27, driven by semiconductor and clean energy demand.

Q4 FY26 · Battery materials revenue to reach three-digit crore by Q4 FY27

Battery materials revenue expected to reach a high three-digit crore number by Q4 FY27, with significant QoQ growth.

Q3 FY26 · R32 capacity to reach 20,000 tons by Q1 FY27

Phase 1 R32 capacity of 20,000 tons will be commissioned early in calendar year 2026, delayed from March 2026 due to safety audits.

Q3 FY26 · Battery materials capacities fully utilized by end of FY27

Current LiPF6, LFP CAM, and binder capacities expected to be fully utilized by end of FY27, with revenue ramp-up starting in FY27.

Q2 FY26 · R32 capacity target of 20,000 MT by March 2026

Management reaffirmed the target to achieve 20,000 MT R32 capacity by end of FY26, with plant restart expected by end of November 2025.

Q2 FY26 · Battery materials revenue to start in Q4 FY26

Revenue from EV materials business is expected to begin flowing from Q4 of the current financial year.

Q1 FY26 · Fluoropolymer segment 25% revenue growth for FY26

Management reiterated 25% growth guidance for fluoropolymer business, driven by new approvals and legacy player exit.

Q1 FY26 · R32 capacity to reach 20,000 MT by end of FY26

R32 capacity to be ramped up to 20,000 metric tons in phases by end of this financial year via retrofitting.

Q1 FY26 · Battery materials revenue to trickle in from H2 FY26, meaningful in FY27

Revenue from battery chemicals expected to start in second half of FY26, with significant ramp-up in FY27.