GSFC Q3 Results: Profit rises 18% YoY as margin improves to 6%

Gujarat State Fertilizers & Chemicals Ltd (GSFC) posted a stable performance for the December quarter, with growth across profit, revenue and operating earnings, alongside a modest improvement in margins.

Net profit for the quarter rose 18.1% year-on-year to ₹158 crore, compared with ₹133.8 crore in the same period last year. Revenue from operations increased 4.5% to ₹2,941 crore, up from ₹2,814 crore a year ago, reflecting steady demand across its product portfolio.

Operating performance improved

during the quarter, with EBITDA rising 11.8% year-on-year to ₹177.4 crore, compared with ₹158.7 crore in the corresponding quarter last year. EBITDA margin expanded to 6%, from 5.6% a year earlier, aided by better operating efficiencies.

The improvement in profitability indicates tighter cost control and stable realisations, even as topline growth remained moderate during the quarter.

Following the earnings announcement, shares of Gujarat State Fertilizers & Chemicals Ltd closed at ₹181.50 on the NSE, up ₹4.47, or 2.52%, on the day.

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GSFC is a state-owned fertiliser and chemicals company engaged in the manufacture of fertilisers, industrial chemicals, and petrochemicals, catering to agricultural, industrial, and allied sectors in India and overseas.