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Friday, Jan 23, 2004

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Corporate Results - Fertilisers

GNFC posts Rs 17.6-cr net

Our Bureau

New Delhi , Jan. 22

GUJARAT Narmada Valley Fertilisers Company Ltd has recorded a 23 per cent increase in its profit after tax at Rs 17.57 crore for the third quarter ended December 2003 as compared to Rs 14.33 crore in the corresponding quarter last fiscal, according to a company release.

The company has been able to reduce its debts by 26 per cent to Rs 304 crore as on December 2003 as against Rs 412 crore in December 2002. The company's earning per share for the quarter has increase by around 22 per cent to Rs 1.20 as compared to Rs 0.98 in December 2002, the release added.

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Stories in this Section
Tata Tele (Maha) net loss widens

LG Electronics posts Rs 205-cr net profit
GNFC posts Rs 17.6-cr net
Coromandel Fert net up 63 pc; revamps board
CPCL net rises in third quarter
Tata Steel net profit jumps to Rs 447.17 cr
Tata Motors PAT zooms; to pay 40 pc interim
Apollo Hospitals net at Rs 10 cr
Satyam Q3 net up 25 pc at Rs 146 cr
Subex Q3 net up 240 pc
Hindalco Q3 profit rises 11 pc on higher volumes
Indal Q3 net sales at Rs 398 crore
Carborundum's net at Rs 5.65 crore
Vijaya Bank Q3 net up despite lower income

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