Gujarat State Fertilizers & Chemicals announced a marginal decline in standalone net profit for the quarter ended June 2015. During the quarter, the profit of the company declined 6.77% to Rs 1,009.00 million from Rs 1,082.30 million in the same quarter last year.
Revenues for the quarter declined 12.77% to Rs 10,844.80 million, compared with Rs 12,432.00 million for the prior year period.
Operating margin for the quarter stood at 12.16 percent as compared to 11.10 percent for the previous year period. Operating Income for the quarter was Rs 1,318.20 million, compared with Rs 1380.4 million in the previous year period.
Earnings per share for the quarter stood at Rs 2.53, registering 6.99% decline over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 15 | Jun - 14 | %Change |
| Revenues | 10,844.80 | 12,432.00 | (12.77) |
| Net Profit | 1,009.00 | 1,082.30 | (6.77) |
| Diluted EPS | 2.53 | 2.72 | (6.99) |
Shares of the company declined Rs 1.05, or 1.38%, to settle at Rs 75.25. The total volume of shares traded was 175,701 at the BSE (Tuesday).
