Gujarat State Fertilizers & Chemicals Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 06, 2024 at 06:09 am EST
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Gujarat State Fertilizers & Chemicals Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 20,077.5 million compared to INR 34,789.9 million a year ago. Revenue was INR 20,890.1 million compared to INR 34,971.5 million a year ago. Net income was INR 1,179.9 million compared to INR 4,099.3 million a year ago. Basic earnings per share from continuing operations was INR 2.97 compared to INR 10.28 a year ago. Diluted earnings per share from continuing operations was INR 2.97 compared to INR 10.28 a year ago.
For the nine months, sales was INR 71,893.9 million compared to INR 89,848.2 million a year ago. Revenue was INR 75,140.8 million compared to INR 91,059.8 million a year ago. Net income was INR 5,393.6 million compared to INR 10,410.1 million a year ago. Basic earnings per share from continuing operations was INR 13.54 compared to INR 26.12 a year ago. Diluted earnings per share from continuing operations was INR 13.54 compared to INR 26.12 a year ago.
Gujarat State Fertilizers & Chemicals Limited is an India-based company engaged in the production of fertilizers and chemicals. The Company operates through two segments: Fertilizer Products and Industrial Products. The Fertilizer Products segment consists of urea, ammonium sulphate, di-ammonium phosphate, ammonium phosphate sulphate, NPK (12:32:16), (10:26:26), traded fertilizer products, and others. The Industrial Products segment includes caprolactam, nylon-6, nylon chips, melamine, methanol, traded industrial products, and others. Its product categories include fertilizers, industrial products: major, industrial products: other, water-soluble fertilizers, sulfur-based products, plant tissue culture, micronutrients, plant growth promoters, soil conditioners, organic products, and seeds. The Companyâs agro services include Agrinet Call Center, Farm Youth Training Program, Crop Demonstrations, Krishi Jivan, Horticulture Department, and Soil Testing Laboratory.
GUJARAT STATE FERTILIZERS & CHEMICALS LIMITED 
