{"id":10697,"date":"2024-06-14T14:47:07","date_gmt":"2024-06-14T14:47:07","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=10697"},"modified":"2024-06-14T14:47:07","modified_gmt":"2024-06-14T14:47:07","slug":"gnfc-reports-48-decline-in-q4-profits","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/gnfc-reports-48-decline-in-q4-profits\/","title":{"rendered":"GNFC reports 48% decline in Q4 profits"},"content":{"rendered":"<p>Fertilizer and chemicals major,Gujarat Narmada Valley <a href=\"https:\/\/exam.pscnotes.com\/fertilizers\">Fertilizers<\/a> and Chemicals Ltd(GNFC) posted a 48% decline in fourth quarter profits, the company <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n    <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div>                 <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> said in its stock exchange filing on Thursday. The consolidated net profit fell to Rs 336 crore during the quarter as compared to Rs 643 crore in the year-ago period. GNFCs profits declined as a consequence of weaker demand in theagriculture sector.<\/p>\n<p>The board has recommended a dividend of Rs 30 per  share of Rs 10 each fully paid up (300%) for FY23. The companys share price fell 8.05% to Rs 601.95 a piece at close onBSE.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fertilizer and chemicals major,Gujarat Narmada Valley Fertilizers and Chemicals Ltd(GNFC) posted a 48% decline in fourth quarter profits, the company said Subscribe on YouTube in its stock exchange filing on Thursday. The consolidated net profit fell to Rs 336 crore during the quarter as compared to Rs 643 crore in the year-ago period. GNFCs profits &#8230; <a title=\"GNFC reports 48% decline in Q4 profits\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/gnfc-reports-48-decline-in-q4-profits\/\">Read more <span class=\"screen-reader-text\">GNFC reports 48% decline in Q4 profits<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1084],"tags":[887],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>GNFC reports 48% decline in Q4 profits - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/gnfc-reports-48-decline-in-q4-profits\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GNFC reports 48% decline in Q4 profits\" \/>\n<meta property=\"og:description\" content=\"Fertilizer and chemicals major,Gujarat Narmada Valley Fertilizers and Chemicals Ltd(GNFC) posted a 48% decline in fourth quarter profits, the company said in its Subscribe on YouTube stock exchange filing on Thursday. 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