GSFC Q3 drops 40% to Rs 61 cr

Gujarat State Fertilisers and Chemicals Ltd today reported 40 per cent decline in net profit to Rs 61.17 crore for the December quarter of the current fiscal.
Its net profit was Rs 103.66 crore in the October-December period of last fiscal, GSFC said in a regulatory filing.
The company's income from operations fell by 30 per cent to Rs 1,150.31 crore in the third quarter of 2016-17, from Rs 1,644.41 crore in the corresponding period of 2015-16.