Gujarat State Fertilizers & Chemicals standalone net profit rises 198.71% in the March 2017 quarter

Sales decline 9.31% to Rs 1541.84 crore

Net profit of Gujarat State Fertilizers & Chemicals rose 198.71% to Rs 187.02 crore in the quarter ended March 2017 as against Rs 62.61 crore during the previous quarter ended March 2016. Sales declined 9.31% to Rs 1541.84 crore in the quarter ended March 2017 as against Rs 1700.13 crore during the previous quarter ended March 2016.

For the full year,net profit rose 2.48% to Rs 419.50 crore in the year ended March 2017 as against Rs 409.35 crore during the previous year ended March 2016. Sales declined 13.81% to Rs 5264.53 crore in the year ended March 2017 as against Rs 6108.34 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1541.841700.13 -9 5264.536108.34 -14 OPM %7.456.88 -9.2410.73 - PBDT110.69118.53 -7 478.31689.97 -31 PBT86.4295.69 -10 374.88592.53 -37 NP187.0262.61 199 419.50409.35 2

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