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Gujarat Narmada Valley Fertilizers & Chemicals reports standalone net profit of Rs 50.62 crore in the June 2016 quarter

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Capital Market

Sales decline 10.55% to Rs 945.44 crore

Net profit of Gujarat Narmada Valley Fertilizers & Chemicals reported to Rs 50.62 crore in the quarter ended June 2016 as against net loss of Rs 9.36 crore during the previous quarter ended June 2015. Sales declined 10.55% to Rs 945.44 crore in the quarter ended June 2016 as against Rs 1056.97 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales945.441056.97 -11 OPM %17.3110.06 -PBDT112.1951.47 118 PBT50.62-9.36 LP NP50.62-9.36 LP

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First Published: Jul 22 2016 | 2:03 PM IST

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