Gujarat State Fertilizers profit up 1%, declares 75% dividend

摘要

Gujarat State Fertilizers and Chemicals Ltd (GSFC) said its net profit increased by 1.2 per cent and turnover by 11.5 per cent in the financial year 2011-12, ended March 31, 2012, compared to the corresponding period last fiscal. While the turnover was Rs 5,302 crore (Rs 4,755 crore), the net profit stood at Rs 758 crore (Rs 749 crore), Mr B. M. Bhorania, Executive Director (Finance), told reporters. The Board of Directors has recommended a dividend at the rate of 75 per cent on its equity shares.