GNFC's profits rise by 64 per cent in first quarter

Bharuch (Gujarat), July 14 (UNI) The Gujarat Narmada Valley Fertilizers (GNFC) Company Limited today said they have registered a Profit Before Tax (PBT) revenue of Rs 116.21 crore in the first quarter of the current financial year, a rise of 64 per cent compared to the previous year's figure of Rs 71 crore.

The company's sales have also gone up to Rs 620.08 crore, a rise of 35 per cent compared to the corresponding previous quarter.

The Earning Per Share (EPS) is at Rs 4.88 as against Rs 3.21 of the corresponding previous quarter last year, GNFC said in a statement.

UNI