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Gujarat Narmada Valley Fertilizers & Chemicals consolidated net profit rises 29.38% in the March 2021 quarter

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Capital Market

Sales rise 29.09% to Rs 1733.03 crore

Net profit of Gujarat Narmada Valley Fertilizers & Chemicals rose 29.38% to Rs 310.53 crore in the quarter ended March 2021 as against Rs 240.01 crore during the previous quarter ended March 2020. Sales rose 29.09% to Rs 1733.03 crore in the quarter ended March 2021 as against Rs 1342.47 crore during the previous quarter ended March 2020.

For the full year,net profit rose 37.19% to Rs 696.95 crore in the year ended March 2021 as against Rs 508.01 crore during the previous year ended March 2020. Sales declined 0.65% to Rs 5128.69 crore in the year ended March 2021 as against Rs 5162.42 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales1733.031342.47 29 5128.695162.42 -1 OPM %27.1412.12 -19.5610.49 - PBDT518.29202.78 156 1220.61689.16 77 PBT449.81136.53 229 948.31424.83 123 NP310.53240.01 29 696.95508.01 37

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First Published: May 18 2021 | 7:40 AM IST

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