{"id":151888,"date":"2023-08-08T18:03:48","date_gmt":"2023-08-08T22:03:48","guid":{"rendered":"https:\/\/44.250.171.167\/?p=151888"},"modified":"2023-08-08T18:03:49","modified_gmt":"2023-08-08T22:03:49","slug":"gujarat-state-fertilizers-70-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/gujarat-state-fertilizers-70-fall-in-profits\/","title":{"rendered":"Gujarat State Fertilizers &#038; Chemicals Ltd Q1FY24; 70% fall in Profits"},"content":{"rendered":"<p>Incorporated in 1962, Gujarat State Fertilizers &amp; 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 &amp; synthetic rubbers and man-made fibres<\/p>\n<p><br \/><strong>Financial Results:<\/strong><\/p>\n<ul>\n<li>Gujarat State Fertilizers &amp; Chemicals Ltd reported Revenues for Q1FY24 of \u20b92,032.00 Crores down from \u20b93,061.00 Crore year on year, a fall of 33.62%.<\/li>\n<li>Total Expenses for Q1FY24 of \u20b91,940.00 Crores down from \u20b92,573.00 Crores year on year, a fall of 24.6%.<\/li>\n<li>Consolidated Net Profit of \u20b9106.00 Crores down 70.22% from \u20b9356.00 Crores in the same quarter of the previous year.<\/li>\n<li>The Earnings per Share is \u20b92.67, down 70.10% from \u20b98.93 in the same quarter of the previous year.<\/li>\n<\/ul>\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-406-839x1024.png\" alt=\"\" class=\"wp-image-151889\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-406-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-406-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-406-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-406-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-406.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Incorporated in 1962, Gujarat State Fertilizers &amp; 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 &amp; synthetic rubbers and man-made fibres Financial Results: Gujarat State Fertilizers &amp; Chemicals Ltd reported Revenues for Q1FY24 of \u20b92,032.00 Crores down [&hellip;]<\/p>\n","protected":false},"author":1917,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[8519],"class_list":["post-151888","post","type-post","status-publish","format-standard","hentry","category-infographics","category-earnings","tag-chemicals"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":151488,"url":"https:\/\/alphastreet.com\/india\/gujarat-narmada-valley-fertilizers-85-fall-in-profits\/","url_meta":{"origin":151888,"position":0},"title":"Gujarat Narmada Valley Fertilizers &#038; Chemicals Ltd Q1FY24; 85% fall in Profits","author":"Hardik Bhandare","date":"August 7, 2023","format":false,"excerpt":"Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC), is a joint sector enterprise promoted by the Gujarat State Investments Limited (GSIL), a Government of Gujarat undertaking, and the Gujarat State Fertilizers & Chemicals Ltd.(GSFC). 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