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We expect fertiliser volume growth of 25 percent and 10 percent turnover growth in chemical segment, VD Nanavaty, Executive Director & CFO of GSFC said.
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Confident of a 15% volume growth for the third quarter, said VD Nanavaty, Exec Director & CFO, GSFC
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Even as Mumbai gets back to normalcy after the rain Gods lashed out at the city earlier this week, the Indian Meteorological Department (IMD) says several parts of West India have received excess rainfall while southern states have got scanty rainfall. In an interview to CNBC-TV18, AM Tiwari, Managing Director of Gujarat State Fertilizers & Chemicals (GSFC) shared his views and readings on how the monsoon has impacted fertiliser stocks.
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The Gujarat State Fertilizers & Chemicals (GSFC) stock has been buzzing in trade with a 96 percent gain over the last one year. In an interview to CNBC-TV18, VD Nanavaty, Senior VP-Finance and CFO of GSFC spoke about the latest happenings in his company.
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In an interview to CNBC-TV18, VD Nanavaty, Senior VP-Finance & CFO of GSFC spoke about the results and his outlook for the company.
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The company is focused on improving its logistics with an eye on margin improvement, said AM Tiwari, MD, GSFC.
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In an interview to CNBC-TV18, Suresh Warior, Director-Finance at Rashtriya Chemicals and Fertilisers (RCF) detailed the impact of the new urea policy.
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In an interview to CNBC-TV18, AM Tiwari, MD of Gujarat State Fertilizers & Chemicals (GSFC) spoke about the results and his outlook for the company.
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In an interview to CNBC-TV18, VD Nanavaty, Sr VP-Finance & CFO of GSFC spoke about the results and his outlook for the company.
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The gas price cut will see reduced interest costs and lower the working capital for the company, said VD Nanavaty, Senior VP-Finance and Chief Finance Officer of GSFC. This is likely to lead to a 7-8 percent rise in margins, he said.
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The company reported a 32 percent rise in revenue at Rs 1,702 crore, but its net profit fell 49.5 percent to Rs 32.6 crore in the fourth quarter. The operational efficiency (EBITDA) also reduced by 27 percent to Rs 74.5 crore.
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Gujarat State Fertilizers & Chemicals will be concentrating on countries where infrastructure is happening on a large scale, says VD Nanavaty, Senior VP-Finance & CFO of the company.
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SK Nanda, Chairman and Managing Director of Gujarat State Fertilisers and Chemicals says Nylon 6 has been approved by the National Highways Authority of India, which will garner Rs 200 crore revenue from infrastructure
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In an interview to CNBC-TV18, SK Nanda, chairman and managing director, GSFC, shares his views on the company's Q2 numbers.
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In an interview with CNBC-TV18, SK Nanda, Chairman & Managing Director of Gujarat State Fertilizers & Chemicals said additional capacity and better fertilizer sale will help in revenue realisation next quarter.
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SK Nanda, Chairman and Managing Director, Gujarat State Fertilizer Corporation Limited, discusses the company's fourth quarter earnings and future outlook.
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GSFC‘s fertilizer margins stood at 12.3 percent in the second quarter while its industrial margins stood at 10.1 percent. Company MD Atanu Chakraborty continues to be optimistic on growth led by fertilizer business. Going ahead, he expects an increase in fertilizer production from company‘s Sikka unit.
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Speaking to CNBC-TV18 on the fertilizer company‘s Q2 results, Atanu Chakraborty, managing director, Gujarat State Fertilizers & Chemicals says while the company had hedged against the fall, it did come at a heavy price.
