Categories AlphaGraphs, Earnings
Gujarat State Fertilizers & Chemicals Ltd Q1FY24; 70% fall in Profits
Incorporated in 1962, Gujarat State Fertilizers & Chemicals Ltd is a public sector company promoted by the Government of Gujarat. It is engaged in manufacturing of various fertilizers and industrial products like plastics & synthetic rubbers and man-made fibres
Financial Results:
- Gujarat State Fertilizers & Chemicals Ltd reported Revenues for Q1FY24 of ₹2,032.00 Crores down from ₹3,061.00 Crore year on year, a fall of 33.62%.
- Total Expenses for Q1FY24 of ₹1,940.00 Crores down from ₹2,573.00 Crores year on year, a fall of 24.6%.
- Consolidated Net Profit of ₹106.00 Crores down 70.22% from ₹356.00 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹2.67, down 70.10% from ₹8.93 in the same quarter of the previous year.
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