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HYDERABAD: Godavari Fertilisers and Chemicals Ltd has recorded a growth both in net sales and post-tax profit for the third quarter of current fiscal ended December 2004.

While net sales improved to Rs 336.32 crore from Rs 224.4 crore in the corresponding quarter of the previous fiscal, the company recorded a higher net profit of Rs 4.6 crore (Rs 1.91 crore) for the quarter on an equity base of Rs 32 crore.

For the nine-month period ended December 2004, the company posted a net profit of Rs 5.77 crore (Rs 2.61 crore) on net sales of Rs 942.35 crore (Rs 645.24 crore). —

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