Gujarat State Fertilizers & Chemicals Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2021
January 28, 2022 at 08:38 am EST
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Gujarat State Fertilizers & Chemicals Limited reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was INR 26,670.2 million compared to INR 21,461.4 million a year ago. Revenue was INR 26,975.8 million compared to INR 21,824.3 million a year ago. Net income was INR 2,455.3 million compared to INR 972.5 million a year ago. Basic earnings per share from continuing operations was INR 6.16 compared to INR 2.45 a year ago. Diluted earnings per share from continuing operations was INR 6.16 compared to INR 2.45 a year ago.
For the nine months, sales was INR 70,499.4 million compared to INR 58,936.5 million a year ago. Revenue was INR 71,665 million compared to INR 60,078 million a year ago. Net income was INR 6,129.3 million compared to INR 3,002.7 million a year ago. Basic earnings per share from continuing operations was INR 15.38 compared to INR 7.54 a year ago. Diluted earnings per share from continuing operations was INR 15.38 compared to INR 7.54 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.