Gujarat State Fertilizers & Chemicals Limited (GSFC) announced its financial results for the first quarter of FY 2026-27, reporting a record Q1 sales of ₹3,581 crore. The company also achieved an ever-highest Q1 Fertilizer sales of ₹2,947 crore, marking a significant year-over-year growth. Profit After Tax surged by 15% to ₹161 crore, driven by strong performance in both the fertilizers and industrial products segments.
GSFC Reports Record First Quarter Performance
Gujarat State Fertilizers & Chemicals Limited (GSFC) has announced its financial results for the first quarter ended June 30, 2026, highlighting a period of robust growth and record achievements. The company reported its ever highest Q1 sales of ₹3,581 crore, a substantial increase driven by strong performance across its key business segments.
Fertilizers Segment Achieves Record Sales
The fertilizers segment emerged as a significant contributor to the company’s success, recording its ever highest Q1 Fertilizer sales at ₹2,947 crore. This represents a year-over-year growth of 82%, with sales volumes increasing by 17% from 4.51 LMT to 5.26 LMT. The growth was attributed to higher sales volumes of Manufactured and Traded DAP, supported by the Government’s DAP Special Package.
Industrial Products Segment Shows Strong Momentum
GSFC’s Industrial Products segment also demonstrated strong performance, with sales increasing by 15% year-over-year to ₹635 crore. The Earnings Before Interest and Taxes (EBIT) for this segment rose sharply to ₹116 crore from ₹25 crore in the corresponding quarter of the previous year. This improvement was primarily fueled by higher sales of Caprolactam and a significant rise in the Capro-Benzene spread.
Profitability Increases Significantly
Overall, the company’s Profit After Tax (PAT) saw a healthy increase of 15% year-over-year, reaching ₹161 crore. This enhanced profitability reflects the company’s resilient operations and agile response to market dynamics, including timely pricing actions and effective production planning amidst evolving global geopolitical uncertainties and raw material price fluctuations.
Capital Expenditure and Future Outlook
GSFC continues to advance its capital expenditure plans aligned with its strategic growth roadmap. Upcoming projects include the ‘C – Train Modification for APS Production at Sikka Unit’ and the ‘Phosphoric Acid (PA) and Sulphuric Acid (SA) Project at Sikka’. The company’s outlook anticipates a revival in the agri-input sector following the monsoon and remains focused on optimizing its product mix, operational efficiencies, and maintaining prudent inventory positioning.
Source: BSE
