Gujarat State Fertilizers Q1 Results Net Profit Drops By 67 47

Top Stories

Company

L&T Partners with PS Technology to Revolutionise Railways

6 mins read. August 2, 2024 at 12:45 PM

Company

Jindal Saw Q1 FY24 PAT Rises 67% to Rs 441 Cr

4 mins read. August 2, 2024 at 12:41 PM

Company

Pfizer Q1 FY25 PAT Zooms 61% to Rs 151 Cr

4 mins read. August 2, 2024 at 12:36 PM

Stock chart

Gujarat State Fertilizers Q1 Results: Net profit drops by 67.47%

ri-calendar-2-lineAug 9, 2023

By: BlinkX Research Team

FbkFbkTwitterTelegram

In June 2023, the company's quarterly net profit was Rs 112.46 crore, down 67.47% from Rs 345.81 crore the previous year.

 

The Vadodara-based manufacturer of chemicals and fertilizers recorded revenue of Rs 2,062.9 crore for the period under review, a decrease of 31.6% from Rs 3,018 crore the previous year.

 

EBITDA decreased to Rs 142.4 crore from Rs 525.1 crore over this time period, a 72.9% decline, while margins fell to 6.9% from 17.4%.

 

In Q1 FY24, the company's diluted earnings per share from continuing operations decreased from Rs 8.68 in the prior fiscal year to Rs 2.82 in terms of basic earnings per share (EPS) from continuing operations.

 

Gujarat State Fertilizers & Chemicals is a public sector company promoted by the Government of Gujarat. It produces a variety of fertilizers as well as industrial products including plastic, synthetic rubber, and man-made fibers.

 

Content source: Media reports

Related News

News Thumbnail
Quarterly Result

BLS's Q2FY24 Financial Performance Review

2 mins read. November 6, 2023 at 08:56 AM

News Thumbnail
Quarterly Result

Interglobe Aviation's Q2FY24 Financial Performance Review

2 mins read. November 3, 2023 at 11:31 AM

News Thumbnail
Quarterly Result

Titan's Q2FY24 Financial Performance Review

2 mins read. November 3, 2023 at 10:59 AM

News Thumbnail
Quarterly Result

Zomato's Q2FY24 Financial Performance Review

3 mins read. November 3, 2023 at 09:50 AM

Related Blogs

Stock chartDemat Account

Biggest Winners and Losers in MSCI: Key Movers in Global Indices 2025

0 people read

3 mins read . Aug 20, 2025

Stock chartMutual Fund

What MF Big Boys Bought and Sold – Top Mutual Fund Stock Activity in 2025

0 people read

8 mins read . Aug 18, 2025

Download app

Access BlinkX
everywhere
across device

Join the Future of Trading

with BlinkX

#ItsATraderThing

Open Trading Account
Verify your phone
+91
*By signing up you agree to our terms & conditions