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Gujarat Narmada Valley Fertilizers & Chemicals consolidated net profit rises 107.12% in the March 2022 quarter

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Capital Market

Sales rise 59.93% to Rs 2771.71 crore

Net profit of Gujarat Narmada Valley Fertilizers & Chemicals rose 107.12% to Rs 643.18 crore in the quarter ended March 2022 as against Rs 310.53 crore during the previous quarter ended March 2021. Sales rose 59.93% to Rs 2771.71 crore in the quarter ended March 2022 as against Rs 1733.03 crore during the previous quarter ended March 2021.

For the full year,net profit rose 145.41% to Rs 1710.41 crore in the year ended March 2022 as against Rs 696.95 crore during the previous year ended March 2021. Sales rose 68.51% to Rs 8642.29 crore in the year ended March 2022 as against Rs 5128.69 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales2771.711733.03 60 8642.295128.69 69 OPM %31.9627.14 -27.5819.56 - PBDT945.72518.29 82 2589.741220.61 112 PBT871.34449.81 94 2298.05948.31 142 NP643.18310.53 107 1710.41696.95 145

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First Published: May 10 2022 | 8:14 AM IST

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