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GNFC has been making progress in leaps and bounds by giving splendid reports in their financial results. And this year too Gujarat Narmada Valley Fertilisers & Chemicals gave exceptional results by recording PBT of Rs. 1,162 crores the Highest ever yearly PBT recorded by any Government of Gujarat Company on a standalone basis.
GNFC has been making progress in leaps and bounds by giving splendid reports in their financial results. And this year too Gujarat Narmada Valley Fertilisers & Chemicals gave exceptional results by recording PBT of Rs. 1,162 crores the Highest ever yearly PBT recorded by any Government of Gujarat Company on a standalone basis.
Let’s take a look at some of the startling stats:
· Highest Ever PBT of Rs. 1,162 crore: (63% higher than the previous highest of Rs. 715 crore registered during the previous financial year.)
· Highest Ever PAT of Rs. 790 crore: (51% higher than the previous highest of Rs. 521 crore registered during the previous financial year.)
· Highest Ever EBITDA of Rs. 1,532 crore: (31% higher than the previous highest of Rs. 1,170 crore registered during the previous financial year.)
· Highest Ever Turnover of Rs. 6,058 crore: (17% higher than the Rs. 5,170 crore registered during the previous financial year.)
· Highest Ever EPS of Rs. 50.80: (51% higher than the previous highest of Rs. 33.54 registered during the previous financial year.)
· Highest Ever Dividend of 75%.
· Highest Ever Exports of Rs. 629 crore: (74% higher than the Rs. 361 registered during the previous financial year.)
· Highest ever prepayment of Long Term Debt of Rs. 534 crore.
· Highest ever Long Term Debt extinction of Rs. 888 crore. Long term debt level reduced by 100% from 2,180 crore in 2013-14 to Rs. Nil as of date.
· GNFC is now Long Term Debt free company.
Apart from this GNFC has also expanded its unique neem project to Rajasthan, MP, Maharashtra, Karnatka & UP.
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