Gujarat State Fertilizers & Chemicals Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022
February 07, 2023 at 04:44 am
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Gujarat State Fertilizers & Chemicals Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 34,789.9 million compared to INR 26,670.2 million a year ago. Revenue was INR 34,971.5 million compared to INR 26,975.8 million a year ago. Net income was INR 4,099.3 million compared to INR 2,455.3 million a year ago. Basic earnings per share from continuing operations was INR 10.28 compared to INR 6.16 a year ago. Diluted earnings per share from continuing operations was INR 10.28 compared to INR 6.16 a year ago.
For the nine months, sales was INR 89,848.2 million compared to INR 70,499.4 million a year ago. Revenue was INR 91,059.8 million compared to INR 71,665 million a year ago. Net income was INR 10,410.1 million compared to INR 6,129.3 million a year ago. Basic earnings per share from continuing operations was INR 26.12 compared to INR 15.38 a year ago. Diluted earnings per share from continuing operations was INR 26.12 compared to INR 15.38 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.