Gujarat State Fertilizers & Chemicals has reported results for the fourth quarter and year ended March 31, 2016.
The company has posted a fall of 49.50% in its net profit at Rs 32.57 crore for the quarter ended March 31, 2016 as compared to Rs 64.50 crore for the same quarter in the previous year. However, total income of the company has increased by 30.21% at Rs 1715.30 crore for quarter under review as compared to Rs 1317.34 crore for the quarter ended March 31, 2015.
For the year ended March 31, 2016, the company has posted a marginal fall of 5.28% in its net profit at Rs 379.35 crore as compared to Rs 400.50 crore for the same period in the previous year. However, total income of company increased by 14.77% at Rs 6228.16 crore for year under review as compared to Rs 5426.51 crore for the period ended March 31, 2015.
For the year ended March 31, 2016, on the consolidated basis, the company has posted a fall of 5.39% in its net profit after net profit after share of profit of Associates at Rs 387.43 crore as compared to Rs 409.49 crore for the same period in the previous year. However, total income of company has increased by 14.78% at Rs 6227.54 crore for year under review as compared to Rs 5425.76 crore for the period ended March 31, 2015.
