Image Source: Moneycontrol
Gujarat Narmada Valley Fertilizers & Chemicals Ltd (GNFC) has delivered a robust set of numbers for the March 2025 quarter, thrilling investors with a substantial dividend and healthy financials.
Key Highlights:
Dividend Delight: GNFC’s board has declared a hefty final dividend of ₹18 per share, reinforcing the company’s commitment to rewarding its shareholders and reflecting confidence in its financial stability.
Revenue Surge: The company reported a consolidated revenue from operations of ₹20.55 billion for the March quarter, underscoring strong demand across its fertilizer and chemicals segments.
Profit Jump: Net profit soared to ₹2.11 billion, marking a significant 65% year-on-year increase, as highlighted in recent market updates. This impressive profit growth comes despite a challenging macroeconomic environment and volatile input costs.
Consistent Performance: GNFC continues to maintain a healthy dividend payout ratio and boasts a dividend yield of over 3%, placing it among the top dividend payers in the Indian chemical sector.
Market Response: The announcement has generated positive buzz in the market, with GNFC’s strong financials and attractive dividend policy drawing investor attention.
With a nearly debt-free balance sheet, stable margins, and a focus on shareholder returns, GNFC’s latest results signal resilience and growth potential, making it a standout in the fertilizers and chemicals industry.
Sources: CNBC TV18, Moneycontrol, Screener
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