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Gujarat State Fertilizers & Chemicals reports 21% fall in Q3 net profit

29 Jan 2013 Evaluate

Gujarat State Fertilizers & Chemicals has reported results for third quarter ended December 31, 2012.

The company has reported 20.81% fall in its net profit at Rs 136.49 crore for the quarter as compared to Rs 172.35 crore for the same quarter in the previous year.  However, total income of the company has increased by 33.03% at Rs 1729.43 crore for quarter under review as compared to Rs 1300.02 crore for the quarter ended December 31, 2011.

GSFC 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.

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