Gujarat Narmada Valley Fertilizers & Chemicals' Q2 FY 2025-26 Quarterly Results

Result Summary

• Gujarat Narmada Valley Fertilizers & Chemicals Ltd reported a 19.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 2.7%.
• Its expenses for the quarter were up by 13.3% QoQ and down 2.1% YoY.
• The net profit increased 115.7% QoQ and increased 70.5% YoY.
• The earnings per share (EPS) of Gujarat Narmada Valley Fertilizers & Chemicals Ltd stood at 12.18 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Gujarat Narmada Valley Fertilizers & Chemicals Ltd (GNFC) is a prominent player in the chemical and fertilizer industry in India. The company is involved in the manufacturing and marketing of a wide range of fertilizers, chemicals, and petrochemicals. Its product portfolio includes urea, ammonium nitrophosphate, and several industrial chemicals, catering mainly to the agricultural sector and various industrial applications. As a significant entity in the Indian chemical industry, GNFC has maintained a diverse product range that supports its strong market presence. However, there are no specific recent major developments available in the provided data.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), GNFC reported a total income of ₹2095 crore, marking a 19.6% increase from the previous quarter (Q1FY26), where the total income was ₹1751 crore. Compared to the same quarter in the previous fiscal year (Q2FY25), which recorded a total income of ₹2040 crore, there is a year-over-year increase of 2.7%. This indicates a growth in revenue over both the quarter and the year, demonstrating the company's ability to generate higher sales or service income during this period.

Profitability

GNFC's profitability metrics for Q2FY26 show a significant improvement compared to both the previous quarter and the same quarter last year. The profit before tax for Q2FY26 stands at ₹230 crore, which is a substantial increase of 119.0% from ₹105 crore in Q1FY26 and a 70.4% rise from ₹135 crore in Q2FY25. Following this, the profit after tax for Q2FY26 reached ₹179 crore, up by 115.7% from ₹83 crore in the previous quarter and a 70.5% increase from ₹105 crore in the same quarter last year. This rise in profitability is also reflected in the earnings per share, which grew from ₹5.65 in Q1FY26 to ₹12.18 in Q2FY26, and from ₹7.14 in Q2FY25, representing a growth of 115.6% quarter-over-quarter and 70.6% year-over-year.

Operating Metrics

The operating expenses for GNFC in Q2FY26 were ₹1865 crore, which is a 13.3% increase from ₹1646 crore in Q1FY26. However, compared to Q2FY25, where the total expenses were ₹1905 crore, there is a slight decrease of 2.1% year-over-year. The tax expense for Q2FY26 was ₹53 crore, up by 96.3% from ₹27 crore in Q1FY26 and 60.6% from ₹33 crore in Q2FY25. These figures indicate changes in the company's operating structure and tax liabilities over the respective periods. The increase in expenses and taxes suggests possible operational adjustments or changes in tax regulations affecting the company's cost structure.