1. Home » 
  2. Quarterly Results » 
  3. Gujarat Narmada Valley Fertilisers & Chemicals Q1 Results Revenue ₹2,021 Crores, Net Profit ₹115 Crores

Gujarat Narmada Valley Fertilisers & Chemicals Q1 Results Revenue ₹2,021 Crores, Net Profit ₹115 Crores

Gujarat Narmada Valley Fertilisers & Chemicals Q1 Results reported a revenue of ₹2,021 crores, a slight decrease from the previous quarter but an increase from last year, and their net profit for the quarter was ₹115 crores, down from the previous quarter but up from last year.   

by Ruksana

Updated Aug 20, 2024

Article continues below advertisement
Gujarat Narmada Valley Fertilisers & Chemicals Q1 Results Revenue ₹2,021 Crores, Net Profit ₹115 Crores

Gujarat Narmada Valley Fertilisers & Chemicals Q1 Results Summary 

Gujarat Narmada Valley Fertilisers & Chemicals (GNFC) has reported its financial results for the first quarter ending June 30, 2024. The company achieved a revenue of ₹2,021 crores, which shows a slight decrease from the previous quarter's revenue of ₹2,110 crores but an increase compared to ₹1,652 crores in the same quarter last year. This indicates that GNFC has grown over the past year, even though the quarterly performance showed a minor dip.

The total income, including other income, was ₹2,120 crores, while the total expenses amounted to ₹1,963 crores. This led to a profit before tax of ₹157 crores for the quarter. After accounting for taxes, the net profit for the quarter stood at ₹115 crores, slightly lower than the ₹127 crores achieved in the previous quarter but higher than the ₹85 crores reported in the same quarter last year. 

Gujarat Narmada Valley Fertilisers & Chemicals’ earnings per share (EPS) for this quarter were ₹7.82, reflecting its profitability. Overall, GNFC’s financial performance in Q1 FY24 indicates a steady growth trajectory when compared to the same period last year, despite a slight decline in profitability from the previous quarter.

Source: Here 

For More Q1 Results check our Twitter Page

Visit our website for more Q1 results

Article continues below advertisement
Article continues below advertisement

Gujarat Narmada Valley Fertilisers & Chemicals Q1 Results Overview

Here’s the full information of Gujarat Narmada Valley Fertilisers & Chemicals Q1 Results: 

Particulars

Q1 FY24 (30-06-2024)

Q4 FY23 (31-03-2024)

Q1 FY23 (30-06-2023)

FY23 (31-03-2024)

Revenue from Operations

₹2,021 crores

₹2,110 crores

₹1,652 crores

₹7,930 crores

Other Income

₹99 crores

₹108 crores

₹88 crores

₹469 crores

Total Income

₹2,120 crores

₹2,218 crores

₹1,740 crores

₹8,399 crores

Total Expenses

₹1,963 crores

₹2,047 crores

₹1,624 crores

₹7,748 crores

Profit Before Tax

₹157 crores

₹171 crores

₹116 crores

₹651 crores

Net Profit After Tax

₹115 crores

₹127 crores

₹85 crores

₹485 crores

Total Comprehensive Income

₹125 crores

₹116 crores

₹150 crores

₹466 crores

Earnings Per Share (Basic & Diluted)

₹7.82

₹8.64

₹5.48

₹31.70

Article continues below advertisement
Article continues below advertisement

Gujarat Narmada Valley Fertilisers & Chemicals 

The table shows the financial details of Gujarat Narmada Valley Fertilisers & Chemicals. The company has a market value of ₹9,666 crores, and its stock is currently priced at ₹658. The highest price the stock has reached is ₹815, while the lowest is ₹543.

Here is the information in table format:

Metric

Value

Market Cap

₹9,666 Crores

Current Price

₹658

High / Low

₹815 / ₹543

Stock P/E Ratio

18.8

Book Value

₹558

Dividend Yield

4.61%

ROCE (Return on Capital Employed)

7.72%

ROE (Return on Equity)

5.64%

Face Value

₹10.0

Article continues below advertisement
Article continues below advertisement

Quarterly Results Financial Metricks 

Metric

Dec 2023

Mar 2024

Jun 2024

Sales (Rs. Crores)

2,088

2,110

2,021

Expenses (Rs. Crores)

2,004

1,965

1,868

Operating Profit (Rs. Crores)

84

145

153

Operating Profit Margin (OPM %)

4%

7%

8%

Other Income (Rs. Crores)

121

108

99

Interest (Rs. Crores)

7

4

17

Depreciation (Rs. Crores)

76

78

78

Profit Before Tax (Rs. Crores)

122

171

157

Tax Rate (%)

22%

26%

27%

Net Profit (Rs. Crores)

95

127

115

EPS (Rs.)

6.47

8.64

7.83

About Gujarat Narmada Valley Fertilisers & Chemicals

Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) was established in 1976 in Bharuch, Gujarat. It was created by the Government of Gujarat and Gujarat State Fertilizers & Chemicals Ltd. (GSFC). GNFC is known for its large fertilizer production complex, which started in 1982 and is one of the world’s biggest. Over time, GNFC expanded its business beyond fertilizers into chemicals, petrochemicals, energy, electronics, and IT.

Gujarat Narmada Valley Fertilizers & Chemicals is committed to environmental care and responsible growth. It operates in a rich industrial area and uses local resources wisely. GNFC also focuses on community well-being. It has a township called Narmadanagar with various amenities for its employees, including a clubhouse, tennis court, swimming pool, and open-air theater. The township also features a modern hospital and a temple.

GNFC supports farmers by offering soil testing, advice on fertilizers, and education on farming techniques. They also have mobile units to reach remote areas and provide information through mass media. Additionally, GNFC runs a school and has sponsored a college in the township. The company also has a training center with advanced facilities to develop its staff. This approach shows GNFC’s dedication to both business growth and community support.

Gujarat Narmada Valley Fertilisers & Chemicals Q1 Results - FAQs

1. What was GNFC's revenue for Q1 FY24?  

GNFC's revenue for Q1 FY24 was ₹2,021 crores.

2. How did GNFC's Q1 FY24 revenue compare to Q4 FY23?

GNFC's revenue in Q1 FY24 decreased from ₹2,110 crores in Q4 FY23.

3. What is GNFC's total income for Q1 FY24?

GNFC's total income for Q1 FY24 was ₹2,120 crores.

4. What were GNFC's total expenses in Q1 FY24?

GNFC's total expenses in Q1 FY24 were ₹1,963 crores.

5. How much profit before tax did GNFC report for Q1 FY24?

GNFC reported a profit before tax of ₹157 crores for Q1 FY24.

6. What is GNFC's net profit after tax for Q1 FY24?

GNFC's net profit after tax for Q1 FY24 was ₹115 crores.

7. What is GNFC's market cap?

GNFC's market cap is ₹9,666 crores.

8. What was GNFC's operating profit margin in Q1 FY24?  

GNFC's operating profit margin in Q1 FY24 was 8%.

9. How did GNFC's interest expenses change from Q4 FY23 to Q1 FY24?  

GNFC's interest expenses increased from ₹4 crores in Q4 FY23 to ₹17 crores in Q1 FY24.

10. What was GNFC's return on capital employed (ROCE) for Q1 FY24?  

GNFC's ROCE for Q1 FY24 was 7.72%.

Disclaimer : The above information is for general informational purposes only. All information on the Site is provided in good faith, however we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of any information on the Site.

Results

  1. Rajath Finance Q1 Results, Net Loss After Tax of ₹68.98 Lakh and Total Comprehensive Loss of ₹65.96 Lakh

  2. Sanofi Consumer Healthcare India Q1 Results Profit After Tax Drops to ₹290 Million and Total Income at ₹1,652 Million

  3. Sikko Industries Q1 Results Net Profit Reaches ₹174.90 Lakh, Earnings Per Share Improve to ₹1.04

  4. Interarch Building Products Q1 Results Total Income Declines to ₹30,638.41 Lakhs and Profit After Tax Falls to ₹2,027.95 Lakhs

  5. Yogi Infra Projects Q1 Results Reported Loss of ₹37.46 Lakhs and Total Income from Operations of ₹19,682.37 Lakhs

  6. Steel Strips Wheels Q1 Results, Revenue Declines to ₹1,02,529.25 Lakhs with PAT at ₹4,080.65 Lakhs

  7. 3M India Q1 Results Total Income at ₹1,06,832.74 Lakhs with Profit After Tax of ₹15,714.95 Lakhs

  8. Tinna Rubber & Infrastructure Q1 Results Total Income ₹136.01 Crores & Operating Profit ₹22.51 Crores

  9. Quasar India Q1 Results Total Income ₹11.24 Crores & Operating Profit ₹1.04 Crores

  10. Likhitha Infrastructure Q1 Results Revenue ₹125.03 Crores & Operating Income ₹22.23 Crores

  11. S J Logistics India Q1 Results Net Profit Reaches ₹1,072.62 Lakhs with Revenue at ₹10,071.04 Lakhs

  12. Nirman Agri Genetics Q1 Results Revenue Reaches ₹5,035.39 Lakh, Profit Before Tax at ₹523.08 Lakhs

  13. Prakash Pipes Q1 Results Total Income ₹204.82 Crores & Operating Profit ₹30.45 Crores

  14. Nicco Uco Alliance Credit Q1 Results Operating Profit ₹-0.19 Crore & Total Revenue ₹0.00 Crore

  15. Tanfac Industries Q1 Results Profit After Tax of ₹1,129.40 Lakhs and Total Revenue at ₹9,665.00 Lakhs

  16. E2E Networks Q1 Results Total Income ₹41.33 Crore & Operating Profit ₹16.58 Crore

  17. Neuland Laboratories Q1 Results Revenue Reaches ₹43,960.17 Lakhs, Net Profit at ₹9,787.27 Lakhs

  18. Integrated Hitech Q1 Results Revenue Reaches ₹0.76 Lakhs and Net Loss at ₹5.81 Lakhs

  19. Millennium Online Solution India Q1 Results Total Revenue ₹0.00 lakhs & Total Expenses ₹4.54 lakhs

  20. Concord Drugs Q1 Results Total Revenue of ₹1,169.29 Lakhs and Profit After Tax of ₹2.73 Lakhs

  21. K P Energy Q1 Results Total Income ₹127.18 Crore & Operating Profit ₹19.95 Crore

  22. Electrotherm India Q1 Results Total Income ₹1,059.38 Crores & PAT ₹108.8 Crores

  23. Vistar Amar Q1 Results Reported Loss Before Tax of ₹0.01 Lakhs and Total Expenses of ₹1,141.41 Lakhs

  24. L&T Technology Services Q1 Results Reported Net Profit of ₹3,139 Million with Total Income of ₹25,241 Million

  25. Shanti Gears Q1 Results Total Income ₹138.82 Crores & Operating Profit ₹25.56 Crores

  26. Bayer CropScience Q1 Results Revenue of ₹16,312 Million and Profit Before Tax of ₹3,158 Million