Gujarat State Fertilizers & Chemicals Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2022
November 09, 2022 at 08:36 am
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Gujarat State Fertilizers & Chemicals Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 24,876.8 million compared to INR 25,320.1 million a year ago. Revenue was INR 25,601.6 million compared to INR 25,961 million a year ago. Net income was INR 2,852.7 million compared to INR 2,312.9 million a year ago. Basic earnings per share from continuing operations was INR 7.16 compared to INR 5.8 a year ago. Diluted earnings per share from continuing operations was INR 7.16 compared to INR 5.8 a year ago.
For the six months, sales was INR 55,058.3 million compared to INR 43,829.2 million a year ago. Revenue was INR 56,088.3 million compared to INR 44,689.2 million a year ago. Net income was INR 6,310.8 million compared to INR 3,674 million a year ago. Basic earnings per share from continuing operations was INR 15.84 compared to INR 9.22 a year ago. Diluted earnings per share from continuing operations was INR 15.84 compared to INR 9.22 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 
