GSFC reports 15% rise in Q2 net profit

Gujarat State Fertilizers & Chemicals (GSFC) has reported results for second quarter ended September 30, 2015.

The company has reported 14.75% rise in its net profit at Rs 142.64 crore for the quarter ended September 30, 2015 as compared to Rs 124.31 crore for the same quarter in the previous year. The company’s total income has increased by 18.22% to Rs 1784.75 crore for the quarter under review from Rs 1509.70 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.