Gujarat State Fertilizers reports 22% surge in Q1 net profit

Gujarat State Fertilizers & Chemicals (GSFC) has reported results for first quarter ended June 30, 2012.

The company has reported a growth of 21.56% in its net profit at Rs 172.71 crore for the quarter under review as compared to Rs 142.08 crore for the same quarter in the previous year. The total income from operation of the company has increased by 16.91% at Rs 1411.84 crore for Q1FY13 as compared Rs 1207.68 crore for the corresponding quarter previous year.

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