Gujarat State Fertilizers & Chemicals said a good increase in standalone net profit for the quarter ended September 2014. During the quarter, the profit of the company rose 22.67% to Rs 1,243.10 million from Rs 1,013.40 million in the same quarter last year.
Net sales for the quarter rose marginally 4.48% to Rs 14,816.00 million, compared with Rs 14,180 million for the prior year period.
Earnings per share for the quarter stood at Rs 3.12, registering 22.83% growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Sep - 14 | Sep - 13 | %Change |
| Net Sales | 14,816.00 | 14,180.20 | 4.48 |
| Net Profit | 1,243.10 | 1,013.40 | 22.67 |
| Basic EPS | 3.12 | 2.54 | 22.83 |
Shares of the company declined Rs 7.2, or 5.96%, to trade at Rs 113.55. The total volume of shares traded was 719,737 at the BSE (12.48 p.m., Thursday).
