Mumbai: Gujarat State Fertilizers & Chemicals said that its net profit for the second quarter grew 94.73% at Rs158.92 crore over the corresponding period a year ago.
The company had a net profit of Rs81.61 crore for the same quarter last fiscal, Gujarat State Fertilizers & Chemicals Ltd said in a filing to the Bombay Stock Exchange (BSE).
Total income rose to Rs1735.72 crore for the quarter under review from Rs1089.80 crore for the same quarter previous fiscal.
For the six months ended 30 September, the company posted a net profit of Rs229.65 crore against Rs135.63 crore for the same period a year ago.
Shares of the company were trading at Rs69.50, up 3.65% in late afternoon trade on the BSE.