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State-promoted Gujarat State Fertilizer Corporation (GSFC) on Friday reported a marginal decrease in net profit during the third quarter of 2015-16, ended December 31, 2015, compared to the corresponding quarter of the previous fiscal.
The company’s profit after tax (PAT) in Q3FY16 stood at Rs 103.24 crore (Rs.103.47 crore), according to a BSE filing.
GSFC’s sales turnover during the period, however, increased by 23 per cent from Rs 1,309 crore to Rs 1,615 crore, said S K Nanda, Chairman and Managing Director.
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