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Gujarat State Fertilizers reports 29% fall in Q2 net profit

20 Oct 2012 Evaluate

Gujarat State Fertilizers & Chemicals has reported results for second quarter ended September 30, 2012.

The company has reported a fall of 29.30% in its net profit at Rs 150.46 crore for the quarter ended September 30, 2012 as compared to Rs 212.80 crore for the same quarter in the previous year. However, the company’s total income has registered a growth of 12.01% at Rs 1416.00 crore for quarter under review as compared to Rs 1264.13 crore for the quarter ended September 30, 2011.

GSFC is a leading manufacturer of quality products of Chemical Fertilizers and Industrial Products.

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