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Gujarat State Fertilizers & Chemicals reports 7% fall in Q1 net profit

29 Jul 2015 Evaluate

Gujarat State Fertilizers & Chemicals (GSFC) has reported results for first quarter ended June 30, 2015.

The company has reported a fall of 6.77% in its net profit at Rs 100.9 crore for the quarter ended June 30, 2015 as compared to Rs 108.23 crore for the same quarter in the previous year. The company’s total income has decreased by 12.88% to Rs 1100.02 crore for the quarter under review, from Rs 1262.59 crore for the corresponding quarter of the previous year.

GSFC is a leading manufacturer of quality products of Chemical Fertilizers and Industrial Products. The company’s manufacturing units is located at Kosamba, Sikka and Nandesari. It has marketing network spread across India in states like Andhra Pradesh, Chhattisgarh, Gujarat, Haryana, Karnataka, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Daman and Uttar Pradesh.

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