Gujarat Narmada Valley Fertilizers & Chemicals standalone net profit rises 29.38% in the March 2021 quarter

Sales rise 29.09% to Rs 1733.03 crore

Net profit of Gujarat Narmada Valley Fertilizers & Chemicals rose 29.38% to Rs 308.91 crore in the quarter ended March 2021 as against Rs 238.77 crore during the previous quarter ended March 2020. Sales rose 29.09% to Rs 1733.03 crore in the quarter ended March 2021 as against Rs 1342.47 crore during the previous quarter ended March 2020.

For the full year,net profit rose 38.16% to Rs 689.21 crore in the year ended March 2021 as against Rs 498.85 crore during the previous year ended March 2020. Sales declined 0.65% to Rs 5128.69 crore in the year ended March 2021 as against Rs 5162.42 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales1733.031342.47 29 5128.695162.42 -1 OPM %27.1412.12 -19.5610.49 - PBDT518.29202.78 156 1220.61689.11 77 PBT449.81136.53 229 948.31424.78 123 NP308.91238.77 29 689.21498.85 38

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