Gujarat State Fertilizers & Chemicals reports marginal fall in Q3 net profit

Gujarat State Fertilizers & Chemicals has reported results for third quarter ended December 31, 2015.

The company has reported 0.22% fall in its net profit at Rs 103.24 crore for the quarter ended December 31, 2015 as compared to Rs 103.47 crore for the same quarter in the previous year. However, the company’s total income has increased by 21.78% to Rs 1628.09 crore for the quarter under review from Rs 1336.90 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.