Gujarat Narmada Valley Fertilizers & Chemicals Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
GNFC reported Q1 FY27 profit that management described as the second highest in the company's history, driven by better realizations in the chemical segment even as sales volumes declined and inventory built up. Several plants including acetic acid, ethyl acetate and TDI were shut for part of the quarter on cost economics but resumed operations in July and August. Management also discussed ongoing capital projects including the Dahej CCPP, energy norm revisions for urea production, and cost-saving initiatives undertaken with consultant A.T. Kearney.
GNFC reported Q4 FY26 revenue growth of 11% quarter-on-quarter and 7% year-on-year, with full-year PAT up 35% to INR797 crores. Management attributed the improvement mainly to better chemical realizations in the quarter and benign raw material costs for the full year, while noting the fertilizer segment continued to see under-recovery due to pending fixed cost and energy norm revisions. The Board declared a dividend of 210%, described as the second highest in the company's 50-year history.