Gujarat State Fertilizers & Chemicals (GSFC) has reported results for first quarter ended June 30, 2016.
The company has reported a fall of 54.13% in its net profit at Rs 46.30 crore for the quarter ended June 30, 2016 as compared to Rs 100.94 crore for the same quarter in the previous year. Total income of the company decreased by 5.29% to Rs 1091.80 crore for the quarter under review, from Rs 1152.82 crore for the corresponding quarter of the previous year.
The company 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.
