Gujarat State Fertilizers & Chemicals Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2021
October 28, 2021 at 08:03 am EDT
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Gujarat State Fertilizers & Chemicals Limited reported earnings results for the second quarter and six months ended September 30, 2021. For the second quarter, the company reported sales was INR 25,320.1 million compared to INR 21,109.3 million a year ago. Revenue was INR 25,961 million compared to INR 21,775.3 million a year ago. Net income was INR 2,312.9 million compared to INR 1,727.5 million a year ago. Basic earnings per share from continuing operations was INR 5.8 compared to INR 4.33 a year ago. Diluted earnings per share from continuing operations was INR 5.8 compared to INR 4.33 a year ago.
For the six months, sales was INR 43,829.2 million compared to INR 37,475.1 million a year ago. Revenue was INR 44,689.2 million compared to INR 38,253.7 million a year ago. Net income was INR 3,674 million compared to INR 2,030.2 million a year ago. Basic earnings per share from continuing operations was INR 9.22 compared to INR 5.09 a year ago. Diluted earnings per share from continuing operations was INR 9.22 compared to INR 5.09 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 
