Gujarat Narmada Valley Fertilizers & Chemicals Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 20,880 million compared to INR 26,730 million a year ago. Revenue was INR 22,090 million compared to INR 27,490 million a year ago. Net income was INR 970 million compared to INR 3,260 million a year ago. Basic earnings per share from continuing operations was INR 6.3 compared to INR 21.03 a year ago. Diluted earnings per share from continuing operations was INR 6.3 compared to INR 21.03 a year ago.
For the nine months, sales was INR 58,200 million compared to INR 79,560 million a year ago. Revenue was INR 61,810 million compared to INR 81,930 million a year ago. Net income was INR 3,670 million compared to INR 11,360 million a year ago. Basic earnings per share from continuing operations was INR 23.68 compared to INR 73.29 a year ago. Diluted earnings per share from continuing operations was INR 23.68 compared to INR 73.29 a year ago.