Gujarat State Fertilizers & Chemicals Limited: Q1FY18 Results
DSIJ Intelligence / 04 Aug 2017
Gujarat State Fertilizers & Chemicals Limited reported its results for the quarter ended June 30, 2017 today.
Gujarat State Fertilizers & Chemicals Limited reported its results for the quarter ended June 30, 2017 today.
The company's total sales for Q1FY18 came in at Rs 1,176.27 crore. This represents a 26.79 per cent sequential decline and 8.7 per cent YoY increase.
Its operating profit (EBIT) for the quarter amounted to Rs. 81.2 crore and its EBIT margin stood at 6.9 per cent.
The company reported PAT of Rs 40.52 crore, which represents a sequential QoQ decline of 78.33 per cent and a YoY decline of 12.48 per cent.
Gujarat State Fertilizers & Chemicals Limited is engaged in the development of crop nutrition solutions. The company operates through two business segments: fertiliser products and industrial products. It offers fertiliser products, such as urea, ammonium sulphate, di-ammonium phosphate, ammonium phosphate sulphate and traded fertilizer products.
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