Gujarat State Fertilizers & Chemicals Ltd's Q3FY25 Quarterly Results

Result Summary

• Gujarat State Fertilizers & Chemicals Ltd reported a 3.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 37.4%.
• Its expenses for the quarter were up by 12.7% QoQ and 39.0% YoY.
• The net profit decreased 55.1% QoQ and increased 13.4% YoY.
• The earnings per share (EPS) of Gujarat State Fertilizers & Chemicals Ltd stood at 3.4 during Q3FY25.

Financial Statments for Q3FY25

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 State Fertilizers & Chemicals Ltd (GSFC) is a prominent company in the chemical and fertilizer industry. The company specializes in the production of fertilizers, agrochemicals, industrial chemicals, and other related products. GSFC caters to both domestic and global markets, providing essential agricultural inputs to enhance crop productivity. As a state-owned enterprise, it plays a crucial role in supporting agricultural activities and contributing to food security. While specific recent developments were not provided, the company has historically been involved in initiatives to expand its production capabilities and enhance its product offerings.

Revenue

In the third quarter of fiscal year 2025 (Q3FY25), Gujarat State Fertilizers & Chemicals Ltd reported a total income of ₹2870.00 crores. This represented a quarter-over-quarter (QoQ) increase of 3.0% from ₹2787.54 crores in the second quarter of fiscal year 2025 (Q2FY25). When compared year-over-year (YoY) with the third quarter of fiscal year 2024 (Q3FY24), the total income showed a significant growth of 37.4%, rising from ₹2089.01 crores. These figures indicate a consistent upward trend in the company's revenue generation over both the quarterly and annual periods.

Profitability

The company's profitability saw a marked decline in Q3FY25, with profit before tax amounting to ₹163.46 crores, which is a decrease of 57.6% from ₹385.90 crores in Q2FY25. However, when compared to Q3FY24, there was a YoY increase of 13.4% from ₹144.19 crores. The tax expense for Q3FY25 was ₹34.01 crores, down 61.7% from ₹88.91 crores in Q2FY25 and up 29.8% YoY from ₹26.20 crores in Q3FY24. Consequently, profit after tax (PAT) stood at ₹133.85 crores, reflecting a QoQ decline of 55.1% from ₹298.23 crores, while registering a YoY increase of 13.4% from ₹117.99 crores. Earnings per share (EPS) reduced to ₹3.40 in Q3FY25 from ₹7.50 in Q2FY25, marking a QoQ reduction of 54.7%, but increased by 13.3% YoY from ₹3.00 in Q3FY24.

Operating Metrics

In the third quarter of fiscal year 2025, Gujarat State Fertilizers & Chemicals Ltd reported total expenses of ₹2706.54 crores, which signifies a 12.7% increase from ₹2401.64 crores in the previous quarter, Q2FY25. Comparing these expenses to the same quarter in the previous year, Q3FY24, there was a 39.0% increase from ₹1946.81 crores. This rise in expenses could be indicative of increased operational costs or strategic investments in business expansion. Despite the rise in expenses, the company managed to achieve a YoY increase in both revenue and profit after tax, suggesting effective cost management strategies in place.