Net profit of Gujarat State Fertilizers & Chemicals declined 89.01% to Rs 24.71 crore in the quarter ended March 2024 as against Rs 224.90 crore during the previous quarter ended March 2023. Sales declined 17.56% to Rs 1965.25 crore in the quarter ended March 2024 as against Rs 2383.87 crore during the previous quarter ended March 2023.
For the full year,net profit declined 55.44% to Rs 564.04 crore in the year ended March 2024 as against Rs 1265.89 crore during the previous year ended March 2023. Sales declined 19.47% to Rs 9154.64 crore in the year ended March 2024 as against Rs 11368.69 crore during the previous year ended March 2023.
| Particulars | Quarter Ended | Year Ended |
| | Mar. 2024 | Mar. 2023 | % Var. | Mar. 2024 | Mar. 2023 | % Var. |
| Sales | 1965.25 | 2383.87 | -18 | 9154.64 | 11368.69 | -19 |
| OPM % | 1.32 | 13.66 | - | 5.61 | 13.97 | - |
| PBDT | 72.75 | 350.11 | -79 | 887.27 | 1724.70 | -49 |
| PBT | 26.15 | 305.25 | -91 | 703.79 | 1542.68 | -54 |
| NP | 24.71 | 224.90 | -89 | 564.04 | 1265.89 | -55 |