Gujarat State Fertilizers & Chemicals reports 50% fall in Q3 net profit

25 Jan 2019

Gujarat State Fertilizers & Chemicals has reported results for third quarter ended December 31, 2018.

The company has reported a fall of 50.42% in its net profit at Rs 98.94 crore for the quarter under review as compared to Rs 199.57 crore for the same quarter in the previous year. However, total income of the company increased by 30.29% at Rs 2,013.91 crore for Q3FY19 as compared Rs 1,545.72 crore for the corresponding quarter previous year.

GSFC is engaged in the manufacturing of fertilizers and industrial products. The company has created more than 24 brands of fertilizers, petrochemicals, chemicals, industrial gases, plastics, fibers and other products.

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