Gujarat State Fertilizers & Chemicals has reported results for second quarter ended September 30, 2016.
The company has reported 12.05% fall in its net profit at Rs 125.01 crore for the quarter under review as compared to Rs 142.14 crore for the same quarter in the previous year. Total income of the company decreased by 8.64% at Rs 1657.95 crore for the quarter under review as compared Rs 1814.81 crore for the corresponding quarter 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 etc.