Gujarat State Fertilizers & Chemicals Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2023
May 25, 2023 at 07:41 am EDT
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Gujarat State Fertilizers & Chemicals Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 23,838.7 million compared to INR 20,348.5 million a year ago. Revenue was INR 24,115.6 million compared to INR 20,994 million a year ago. Net income was INR 2,249.1 million compared to INR 2,856.5 million a year ago. Basic earnings per share from continuing operations was INR 5.65 compared to INR 7.17 a year ago. Diluted earnings per share from continuing operations was INR 5.65 compared to INR 7.17 a year ago.
For the full year, sales was INR 113,686.9 million compared to INR 90,847.9 million a year ago. Revenue was INR 115,175.4 million compared to INR 92,659 million a year ago. Net income was INR 12,659.2 million compared to INR 8,985.8 million a year ago. Basic earnings per share from continuing operations was INR 31.77 compared to INR 22.55 a year ago. Diluted earnings per share from continuing operations was INR 31.77 compared to INR 22.55 a year ago.
Gujarat State Fertilizers & Chemicals Limited is an India-based company engaged in the production of fertilizers and chemicals. The Company operates through two segments: Fertilizer Products and Industrial Products. The Fertilizer Products segment consists of urea, ammonium sulphate, di-ammonium phosphate, ammonium phosphate sulphate, NPK (12:32:16), (10:26:26), traded fertilizer products, and others. The Industrial Products segment includes caprolactam, nylon-6, nylon chips, melamine, methanol, traded industrial products, and others. Its product categories include fertilizers, industrial products: major, industrial products: other, water-soluble fertilizers, sulfur-based products, plant tissue culture, micronutrients, plant growth promoters, soil conditioners, organic products, and seeds. The Companyâs agro services include Agrinet Call Center, Farm Youth Training Program, Crop Demonstrations, Krishi Jivan, Horticulture Department, and Soil Testing Laboratory.
GUJARAT STATE FERTILIZERS & CHEMICALS LIMITED 
