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Updated - May 22, 2026 at 04:51 PM.

| New Delhi

Gujarat State Fertilizers & Chemicals Ltd (GSFC) on Friday reported a 27 per cent decline in consolidated net profit to ₹52.14 crore during the March quarter on higher expenses.

Its net profit stood at ₹71.76 crore in the year-ago period.

Total income rose to ₹2,668.12 crore during the January-March period of 2025-26 fiscal year from ₹1,978.85 crore in the corresponding period of the preceding year, according to a regulatory filing.

During the 2025-26 fiscal year, the company's net profit rose to ₹673 crore from ₹591.16 crore in the preceding year.

Total income increased to ₹11,221.87 crore last fiscal year from ₹9,848.64 crore in 2024-25.

The board recommended a dividend of ₹5 per equity share of face value of ₹2 each fully paid-up (i.e. 250 per cent) for the year ended March 31, 2026.

GSFC's fertiliser segment delivered a robust performance during FY26, with sales increasing by ₹1,196 crore (17 per cent) and volumes rising 12 per cent from 19.88 lakh tonnes to 22.31 lakh tonnes.

"However, profitability remained under pressure due to a sharp increase in prices of key raw materials, including sulphur and sulphuric acid, arising from global geopolitical developments," the company said.

On the outlook, the GSFC said the fertiliser segment is expected to operate in a dynamic environment during the first quarter of 2026-27, amid continued volatility in global raw material markets arising from geopolitical developments in the Middle East.

Published on May 22, 2026

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