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Stock Report
GNFC Q1 net profit at Rs.75.79 Crores, total income at Rs.578.88 Crores
Posted On : 2007-07-15 10:16:27( TIMEZONE : IST )
Gujarat Narmada Valley Fertilizers Company Ltd (GNFC) has announced the unaudited financial Results for the quarter ended June 30, 2007.
The Company has posted a net profit of Rs 757.90 million for the quarter ended June 30, 2007 where as the same was at Rs 470.50 million for the quarter ended June 30, 2006. Total Income (net of excise) is Rs 5788.80 million for the quarter ended June 30, 2007 where as the same was at Rs 4361.80 million for the quarter ended June 30, 2006.
The figures of current quarter include figures of erstwhile Narmada Chematur Petrochemicals Ltd (NCPL), a subsidiary of the Company, which is amalgamated with the Company with effect from February 15, 2007 and therefore, to that extent, the figures of the current quarter are not comparable with those of the corresponding previous period.
The company has reported an Earnings Per Share (EPS) of Rs.4.88 during Q1 2007-2008 against Rs.3.21 reported during Q1 of 2006-2007.
The stock closed on Friday at Rs.125.20, up by Rs.0.30 or 0.24%. The total traded quantity was 596028 compared to 2 week average of 336634. The stock hit an intraday high of Rs.127.50 and low of Rs.122.20.
