Gujarat State Fertilizers & Chemicals standalone net profit declines 16.37% in the March 2018 quarter

Sales rise 33.30% to Rs 2055.26 crore

Net profit of Gujarat State Fertilizers & Chemicals declined 16.37% to Rs 156.41 crore in the quarter ended March 2018 as against Rs 187.02 crore during the previous quarter ended March 2017. Sales rose 33.30% to Rs 2055.26 crore in the quarter ended March 2018 as against Rs 1541.84 crore during the previous quarter ended March 2017.

For the full year,net profit rose 13.40% to Rs 475.73 crore in the year ended March 2018 as against Rs 419.50 crore during the previous year ended March 2017. Sales rose 19.11% to Rs 6270.57 crore in the year ended March 2018 as against Rs 5264.53 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales2055.261541.84 33 6270.575264.53 19 OPM %11.047.45 -9.049.24 - PBDT244.40110.69 121 609.91478.31 28 PBT214.4286.42 148 490.79374.88 31 NP156.41187.02 -16 475.73419.50 13

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