GNFC posts consolidated PAT of Rs. 326 crores in Q3 FY2023

Gujarat Narmada Valley Fertilizers and Chemicals Limited has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 2750 crores during the period ended December 31, 2022 as compared to Rs. 2672 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 326 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 238 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 21.03 for the period ended December 31, 2022 as compared to Rs. 15.35 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹2750 crs	₹2672 crs	2.92%
Net Profit	₹326 crs	₹238 crs	36.97%
EPS	₹21.03	₹15.35	37.00%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.2750 crores during the period ended December 31, 2022 as compared to Rs.2428 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.326 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.541 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.21.03 for the period ended December 31, 2022 as compared to Rs.34.90 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹2750 crs	₹2428 crs	13.26%
Net Profit	₹326 crs	₹541 crs	-39.74%
EPS	₹21.03	₹34.90	-39.74%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.8194 crores during the 9 Months period ended December 31, 2022 as compared to Rs.6019 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.1136 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.1067 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.73.29 for the 9 Months period ended December 31, 2022 as compared to Rs.68.84 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹8194 crs	₹6019 crs	36.14%
Net Profit	₹1136 crs	₹1067 crs	6.47%
EPS	₹73.29	₹68.84	6.46%

Shares of Gujarat Narmada Valley Fertilizers and Chemicals Limited was last trading in BSE at Rs. 520.05 as compared to the previous close of Rs. 531.75. The total number of shares traded during the day was 70208 in over 3273 trades.

The stock hit an intraday high of Rs. 534.90 and intraday low of 515.35. The net turnover during the day was Rs. 36615697.00.

Source : Equity Bulls

Keywords

GNFC Q3FY23 9MFY23 ResultUpdate GujaratNarmadaValleyFertilizersandChemicals