GNFC Ltd reported 18.05% growth in total revenues for the Dec-20 quarter on consolidated basis at Rs1,508.24cr. Among the two major business segments of GNFC, the fertilizers line showed a decline of around 15% while the chemicals vertical grew by around 46% during the quarter on a yoy basis.
The consolidated Profit after tax (PAT) for the Dec-20 quarter was up 113.75% at Rs242.59cr. This growth came on the back an 18% growth in sales achieved with just 3% increase in operating costs due to cost efficiencies. As a result, the PAT margins improved very marginally from 22.93% in Dec-19 to 23.07% in Dec-20.
Financial highlights for Dec-20 compared yoy and sequentially
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GNFC Ltd |
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Rs in Crore |
Dec-20 |
Dec-19 |
YOY |
Sep-20 |
QOQ |
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Total Income (Rs cr) |
₹ 1,508.24 |
₹ 1,277.66 |
18.05% |
₹ 1,187.19 |
27.04% |
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Net Profit (Rs cr) |
₹ 242.59 |
₹ 113.49 |
113.75% |
₹ 140.86 |
72.22% |
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Diluted EPS (Rs) |
₹ 15.61 |
₹ 7.30 |
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₹ 9.06 |
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Net Margins |
16.08% |
8.88% |
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11.86% |
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