Gujarat Narmada Valley Fertilizers & Chemicals standalone net profit rises 108.24% in the March 2022 quarter

Sales rise 59.93% to Rs 2771.71 crore

Net profit of Gujarat Narmada Valley Fertilizers & Chemicals rose 108.24% to Rs 643.26 crore in the quarter ended March 2022 as against Rs 308.91 crore during the previous quarter ended March 2021. Sales rose 59.93% to Rs 2771.71 crore in the quarter ended March 2022 as against Rs 1733.03 crore during the previous quarter ended March 2021.

For the full year,net profit rose 147.20% to Rs 1703.75 crore in the year ended March 2022 as against Rs 689.21 crore during the previous year ended March 2021. Sales rose 68.51% to Rs 8642.29 crore in the year ended March 2022 as against Rs 5128.69 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales2771.711733.03 60 8642.295128.69 69 OPM %31.9627.14 -27.5819.56 - PBDT945.72518.29 82 2589.741220.61 112 PBT871.34449.81 94 2298.05948.31 142 NP643.26308.91 108 1703.75689.21 147

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