Gujarat Narmada Valley Fertilizers and Chemicals swung to a loss for the quarter ended March 2015. During the quarter, the company reported a loss of Rs 3,257.80 million compared with a profit of Rs 846.30 million in the same quarter last year.
Revenues for the quarter declined 10.00% to Rs 11,928.90 million, compared with Rs 13,254.80 million for the prior year period.
Earnings per share stood negative at Rs 20.96 compared with Rs 5.45 in same quarter last year.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Mar - 15 | Mar - 14 | %Change |
| Revenues | 11,928.90 | 13,254.80 | (10.00) |
| Net Profit | (3,257.80) | 846.30 | - |
| Diluted EPS | (20.96) | 5.45 | - |
Shares of the company gained Rs 0.65, or 0.96%, to settle at Rs 68.50. The total volume of shares traded was 6,217 at the BSE (Thursday).
