GNFC posts Q4 profit of Rs329 crore
Gujarat Narmada Valley Fertilizers and Chemicals' FY18 net profit rises 51% to Rs790 crore from Rs521 crore in FY1724-04-2018
24-04-2018
Gujarat's GNFC turns long term debt free, posts 51% rise in PAT for FY'18
Achieving its target set early last year, state-owned Gujarat Narmada Valley Fertilizers and Chemicals Limited (GNFC) has turned long term debt free. From Rs 8.88 billion of long term debt at the start of the financial year 2017-18, GNFC has paid off the same, turning long term debt free.As per Rajiv Kumar Gupta, IAS, Managing Director of GNFC, the company now plans to reduce its working capital requirements substantially as well. On the back of record production of its toulene di-isocynate (TDI) and non-tdi products and capacity utilisation, coupled with jump in exports, GNFC has posted a 38 per cent growth in its net profit for the fourth quarter ended March 31, 2018 as well as 50.37 per cent in net profit for the fiscal 2017-18. GNFC also registered a profit before tax (PBT) of Rs 11.62 billion, the highest ever among Government of Gujarat companies.The company also crossed the Rs 60 billion revenue mark for the first time.GNFC's Q4 net profit in 2017-18 grew by 37.81 per cent to ..24-04-2018
Board recommends Dividend
Gujarat Narmada Valley Fertilizers & Chemicals Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 23, 2018, has recommended a Dividend of Rs. 7.50 per equity share of Rs.10/- each (@ 75%)to the shareholders for the year ended March 31, 2018, subject to approval of the shareholders at the Annual General Meeting (AGM). Upon approval of shareholders, the dividend declared will be paid within 30 days of declaration...23-04-2018
GNFC Annual Audited Financial Results 31-03-2018
The Board in its meeting held today on 23rd April, 2018 approved the Audited Financial Results of the Company for the financial year ended 31st March, 2018. In compliance of Reg 33 of SEBI Listing Regulations, 2015, we send herewith - (i) Audited Financial Results (Standalone and Consolidated) (AFS) for the Fourth Quarter and Financial Year ended 31st March, 2018; (ii) Auditors' Report with unmodified opinion on the Audited Financial Results...23-04-2018
Shareholding for the Period Ended March 31, 2018
Gujarat Narmada Valley Fertilizers & Chemicals Ltd has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2018. For more details, kindly Click here17-04-2018
Compliance-Compliance Certificate For The Period Ended March, 2018
Compliance-Compliance Certificate for the period ended March, 201813-04-2018
Statement Of Investor Complaints For The Quarter Ended March 2018
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter 0220 Name of the Signatory :- TJ LAKHMAPURKARDesignation :- Company Secretary and Compliance Officer13-04-2018
Compliance Certificate Under Regulation 40(9)&(10) Of The SEBI(LODR) Regulations, 2015 For The Half Year Ended 31St March,2018
In terms of the Regulation 40(9)&(10) of SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015, we are sending herewith the Compliance Certificate issued by Shri Niraj Trivedi, a Practising Company Secretary about the compliance by the Company, of the issue and delivery of share certificates, as required under the said Regulations, for the Half Year ended 31st March,2018.09-04-2018