Gujarat State Fertilizers & Chemicals Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 20,629.2 million compared to INR 30,181.5 million a year ago. Revenue was INR 21,118.2 million compared to INR 30,486.7 million a year ago.

Net income was INR 1,124.6 million compared to INR 3,458.1 million a year ago. Basic earnings per share from continuing operations was INR 2.82 compared to INR 8.68 a year ago. Diluted earnings per share from continuing operations was INR 2.82 compared to INR 8.68 a year ago.