GSFC

Gujarat State Fertilizers & Chemicals Q3 Results: Revenue up 40.2% YoY to Rs 2814 crore, Net Profit up 13.5% YoY

GSFC shares surge over 2% after company starts commercial production at new hydroxylamine sulphate plant

Gujarat State Fertilizers & Chemicals restarts its Methanol Plant, expected revenue to grow by Rs 150 crore in FY21

Gujarat State Fertilizers & Chemicals Ltd. (GSFC) has restarted its Methanol Plant with installed capacity of 525 metric tonnes per day. The Plant was commissioned earlier in 2013, however no commercial production took place for the same as the same was unviable due to high raw material cost and non-availability of market, the Vadodara Gujarat based company said on Thursday. The revenue of the Company will be up by approximately 150 Crores in the current Financial Year 2020-21.