Tuesday 16th October 2018

GNFC’s Financial Results of Q1 FY 18-19

Aug 10th, 2018 2:53 pm | By | Category: LATEST NEWS
M S Dagur MD GNFC

M S Dagur
MD GNFC

(THE NEWSMAN OF INDIA.COM)
Gujarat Narmada Valley Fertilizers Company Ltd. (Govt. Of Gujarat) here is
GNFC’s Financial Results of Q1 FY 18-19
1. PBT of Rs.274 crore:(162% higher than the Rs.105 crore during corresponding Q1 of previous year)
2. PAT of Rs.186 crore:(179% higher than the Rs.67 crore during corresponding Q1 of previous year)
3. Turnover of Rs. 1,638 crore: (51% higher than the Rs. 1,088 crore during corresponding Q1 of previous year)
4. EPS of Rs. 11.94: (179% higher than the Rs. 4.28 during corresponding Q1 of previous year.)
5. Exports of Rs.176 crore:(59% higher than Rs.111 crore during corresponding Q1 of previous year.)
6. Finance cost reduces by 89% compared to the finance cost during Q1 2017-18.
7. GNFC is now cash positive company as on June 2018.
Gnfc

Elaborating on the results, M S Dagur, Managing Director mentioned that the
finance cost reduces by 89% Q-o-Q and the growth in revenue and profits are
led by all round performance of all the plants and products.

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