Gujarat Narmada Valley Fertilizers and Chemicals Limited — Board Meeting, 23-05-2025: Outcome of Board Meeting
23-05-2025 | 06:32 pm
23-05-2025 | 06:32 pm
Gujarat Narmada Valley Fertilizers & Chemicals has announced a board meeting on approving the financial results for the quarter and half-year. Consolidated revenue hit ₹7,892 Cr with profit before tax up 21% YoY at ₹790 Cr, driven by volume recovery and cost efficiencies. Fertilizer volumes improved thanks to government support, while chemicals saw gains from higher volumes and pricing. The Board proposed a 180% dividend. Capex is focused on a new power plant at Dahej, expected to start in Q2 FY25-26, which should boost margins. Operating cash flow surged to ₹606 Cr on better operations and subsidy support.
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