Gujarat Narmada Valley Fertilizers and Chemicals Ltd Q2 FY23 consolidated PAT slips to Rs. 237 crores

Gujarat Narmada Valley Fertilizers and Chemicals Limited has reported Consolidated financial results for the period ended September 30, 2022.

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 2672 crores during the period ended September 30, 2022 as compared to Rs. 2772 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 237 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 569 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 15.35 for the period ended September 30, 2022 as compared to Rs. 36.90 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 2672 crs	₹2772 crs	-3.61%
Net Profit	₹237 crs	₹569 crs	-58.35%
EPS	₹15.35	₹36.90	-58.40%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 2672 crores during the period ended September 30, 2022 as compared to Rs.2154 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.237 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.282 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.15.35 for the period ended September 30, 2022 as compared to Rs.18.32 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 2672 crs	₹2154 crs	24.05%
Net Profit	₹237 crs	₹282 crs	-15.96%
EPS	₹15.35	₹18.32	-16.21%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.5444 crores during the 6 Months period ended September 30, 2022 as compared to Rs.3591 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.806 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.522 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.52.26 for the 6 Months period ended September 30, 2022 as compared to Rs.33.94 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹5444 crs	₹3591 crs	51.60%
Net Profit	₹806 crs	₹522 crs	54.41%
EPS	₹52.26	₹33.94	53.98%

Shares of Gujarat Narmada Valley Fertilizers and Chemicals Limited was last trading in BSE at Rs. 602.40 as compared to the previous close of Rs. 673.70. The total number of shares traded during the day was 429473 in over 16608 trades.

The stock hit an intraday high of Rs. 655.50 and intraday low of 601.10. The net turnover during the day was Rs. 265119736.00.

Source : Equity Bulls

Keywords

GNFC Q2FY23 H1FY23 ResultUpdate GujaratNarmadaValleyFertilizersandChemicals