Gujarat State Fertilizers & Chemicals Limited ( (IN:GSFC) ) has issued an update.
Gujarat State Fertilizers & Chemicals Limited reported significant revenue growth and improved earnings for the Q3 and nine-month period ending December 2024, driven by increased capacity utilization and product mix optimization. The company faced rising input costs but benefited from a decrease in natural gas prices and improved operating efficiency, which led to a 42% revenue increase in Q3 and an 8% increase over nine months year-on-year. The increase in fertilizer output and sales volume, alongside higher DAP trading revenues, contributed to the positive financial performance, enhancing GSFC’s market positioning.
More about Gujarat State Fertilizers & Chemicals Limited
Gujarat State Fertilizers & Chemicals Limited operates in the fertilizer and chemical industry, focusing on the production and distribution of fertilizers and industrial chemicals. The company is based in Vadodara, Gujarat, India, and caters to both national and international markets.
YTD Price Performance: 2.35%
Average Trading Volume: 109,846
Current Market Cap: 83.44B INR
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