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Gujarat State Fertilizers & Chemicals Ltd Q2FY24; 8% rise 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 Q2FY24 of ₹3,119.00 Crores up from ₹2,488.00 Crore year on year, a rise of 25.36%.
  • Total Expenses for Q2FY24 of ₹2,929.00 Crores up from ₹2,146.00 Crores year on year, a rise of 36.49%.
  • Consolidated Net Profit of ₹309.00 Crores up 8.42% from ₹285.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹7.75, up 8.24% from ₹7.16 in the same quarter of the previous year.

Tags: fertilizers
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