Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) tumbled 9.16% to Rs 612 after the company's standalone net profit slipped 16% to Rs 237 crore in Q2 FY23 from Rs 282 crore in Q2 FY22.
Operating Revenue stood at Rs 2,587 crore, historical highest which is 23% higher than previous highest ever recorded in Q2 FY22, said the company.
On the other hand, Fine Organics' net sales was at Rs 919.17 crore in September 2022 up 109.67% from Rs. 438.40 crore in September 2021.
Quarterly Net Profit stood at Rs. 202.63 crore in September 2022 up 306.34% from Rs. 49.87 crore in September 2021.
#GNFC #FineOrganics #Q2FY23results #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday
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