Financial Daily from THE HINDU group of publications
Friday, Jan 23, 2004
Financial Daily from THE HINDU group of publications Friday, Jan 23, 2004 |
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Corporate Results
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Fertilisers GNFC posts Rs 17.6-cr net Our Bureau
New Delhi , Jan. 22 GUJARAT Narmada Valley Fertilisers Company Ltd has recorded a 23 per cent increase in its profit after tax at Rs 17.57 crore for the third quarter ended December 2003 as compared to Rs 14.33 crore in the corresponding quarter last fiscal, according to a company release. The company has been able to reduce its debts by 26 per cent to Rs 304 crore as on December 2003 as against Rs 412 crore in December 2002. The company's earning per share for the quarter has increase by around 22 per cent to Rs 1.20 as compared to Rs 0.98 in December 2002, the release added.
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