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Gujarat State Fertilizers & Chemicals standalone net profit declines 49.50% in the March 2016 quarter

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Capital Market

Sales rise 31.87% to Rs 1701.63 crore

Net profit of Gujarat State Fertilizers & Chemicals declined 49.50% to Rs 32.57 crore in the quarter ended March 2016 as against Rs 64.50 crore during the previous quarter ended March 2015. Sales rose 31.87% to Rs 1701.63 crore in the quarter ended March 2016 as against Rs 1290.38 crore during the previous quarter ended March 2015.

For the full year,net profit declined 5.28% to Rs 379.35 crore in the year ended March 2016 as against Rs 400.50 crore during the previous year ended March 2015. Sales rose 15.75% to Rs 6163.33 crore in the year ended March 2016 as against Rs 5324.57 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales1701.631290.38 32 6163.335324.57 16 OPM %4.367.92 -9.9511.09 - PBDT75.79122.97 -38 647.82674.57 -4 PBT50.25100.12 -50 547.13573.91 -5 NP32.5764.50 -50 379.35400.50 -5

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First Published: May 25 2016 | 9:03 AM IST

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