{"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":"

Fertilizer and chemicals major,Gujarat Narmada Valley Fertilizers<\/a> and Chemicals Ltd(GNFC) posted a 48% decline in fourth quarter profits, the company 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

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":"

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 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 … Read more<\/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],"class_list":["post-10697","post","type-post","status-publish","format-standard","hentry","category-gujarat","tag-18-05-23"],"yoast_head":"\nGNFC 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 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 ... 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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 ... 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