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Given the improving performance, healthier balance sheet quality and a positive guidance from the management, we expect traction in earnings to continue which could lead to a further re-rating of the stock.
In an interview to CNBC-TV18, Rajiv Kumar Gupta, MD of GNFC discussed the company's Q3 performance and restarting of Dahej plant.
GNFC posted a steady set of earnings in Q1 as chemical business margins improved while fertiliser losses reduced. In an interview to CNBC-TV18, Rajiv Kumar Gupta, MD of the company spoke about the results and his outlook for the company.
In an interview with CNBC-TV18, Rajiv Kumar Gupta, MD of the company, said in the second quarter of this fiscal year the company declared a profit of Rs 228 crore. This is the highest-ever single profit declared by the company since its inception in 1982.
In an interview to CNBC-TV18, Rajiv Kumar Gupta, MD of Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) said that changes in government policy led to lower revenue for fertiliser segment.
Revenue went up 9.6 percent to Rs 1,308 crore (YoY) and EBITDA margins grew 2.4 percentage point to 12.7 percent (YoY).
Speaking to CNBC-TV18, GR Aloria, CMD of the company says that lower oil prices and operational efficiency aided earnings in the quarter gone-by. Aloria expects to maintain same growth level for the coming quarters as well.
Emkay Global Financial Services has come with its September quarterly earning estimates for Agri Input & Chemicals sector. The research firm remains cautiously optimistic on the outlook for agri-input companies.
Emkay Global Financial Services has come with its June quarterly earning estimates for agri input and chemicals sector. The research firm expects topline de-growth of 4% yoy and APAT de-growth of 15% yoy for Q1FY13.
Emkay Global Financial Services has come with its quarterly earning estimates on agri inputs & chemicals sector for March 2012. According to the research firm Agri Input & Chemical sector to report topline growth of 23%yoy and APAT growth of 16% yoy for Q4FY12.
Emkay Global Financial Services has come with its December quarterly earning estimates for agri Input & Chemicals sector.
Emkay Global Financial Services has come out with its earning estimates on agri input and chemicals sector for the quarter ended September 2011. According to the research firm, GNFC September quarter net sales are expected to go up by 1.4% at Rs 813.5 crore, year-on-year, (YoY) basis.
The score card is out and it’s been a mixed bag. Amidst inflationary worries and volatile global cues, many bigwigs disappointed this quarter while others came out with flying colours.