iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

GSFC gallops after stellar Q1 earnings

22 Jul 2022 , 10:33 AM

Net sales soared 63.1% to Rs 3,018.15 crore in the quarter ended 30 June 2022 as against Rs 1,850.91 crore in the corresponding quarter previous year. The company reported profit before tax of Rs 508.84 crore in Q1 FY23, steeply higher than Rs 176.40 crore in in Q1 FY22. Total expenses spiked 49.78% to Rs 2,541.01 crore in Q1 FY23 over Q1 FY22. Cost of raw materials consumed jumped 45.84% to Rs 1,559.46 crore in Q1 FY23 from Rs 1,069.33 crore in Q1 FY22. GSFC is engaged in production of fertilizers and chemicals. GSFC is under the ownership of Ministry of Chemicals and Petro-Chemicals, Government of Gujarat. Gujarat State Invetments holds 37.84% in the company. Powered by Capital Market – Live News

Related Tags

  • capital market
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.