Gujarat Narmada Valley Fertilizers and Chemicals Limited (GNFC) announced its audited standalone and consolidated financial results for the fourth quarter and financial year ended March 31, 2025, following a Board of Directors meeting held on 23 May 2025. The Board also recommended a dividend and announced a key managerial appointment.

• Financial Performance (Standalone - Full Year ended 31 March 2025):

  • Net Profit after tax (PAT) increased to ₹585 crore, up from ₹485 crore in the financial year ended 31 March 2024.
  • Profit before tax (PBT) rose to ₹790 crore, compared to ₹651 crore in the previous year.
  • Revenue from operations for the year was ₹7,892 crore, a slight decrease from ₹7,930 crore recorded in FY24.
  • Basic Earnings Per Share (EPS) for the year stood at ₹39.80, an increase from ₹31.70 in FY24.

• Financial Performance (Standalone - Fourth Quarter ended 31 March 2025):

  • Net Profit after tax (PAT) for the quarter significantly increased to ₹210 crore, from ₹127 crore in the corresponding quarter of the previous year.
  • Profit before tax (PBT) grew to ₹287 crore, up from ₹171 crore in Q4 FY24.
  • Revenue from operations for the quarter was ₹2,055 crore, compared to ₹2,110 crore in Q4 FY24.
  • Basic Earnings Per Share (EPS) for the quarter was ₹14.29, up from ₹8.64 in Q4 FY24.

• Dividend Recommendation:

  • The Board of Directors has recommended a dividend of ₹18/- per equity share of ₹10/- each fully paid up (180%) for the financial year ended 31 March 2025.
  • This recommendation is subject to approval by shareholders at the upcoming Annual General Meeting.
  • If approved, the dividend will be paid within 30 days of its declaration, with the exact payment date to be intimated later.

• Key Managerial Personnel Appointment:

  • Mr. Rajesh Pillai has been appointed as the Company Secretary (Key Managerial Personnel) and Compliance Officer of the company, effective 23 May 2025.

• DoT Demand Note:

  • The company highlighted a pending demand of ₹21,370 crore (including interest and penalty computed till 30 November 2021) from the Department of Telecommunications (DoT) related to 'Very Small Aperture Terminal' (V-SAT) and 'Category A - Internet Service Provider' (ISP) licenses.
  • Based on legal assessment and consultation with Senior Advocates, GNFC believes it has strong grounds to contest this demand and has therefore not made any provision in these financial results.