Gujarat State Fertilizers & Chemicals Announces Q2 Financial Results for FY 2026; Re-appoints Cost Auditors
Gujarat State Fertilizers & Chemicals Limited (GSFC) has released its unaudited financial results, both standalone and consolidated, for the quarter ended June 30, 2026. The Company's Board of Directors approved these results during a meeting held on August 12, 2026. Furthermore, the Board approved the re-appointment of M/s N D Birla & Co as Cost Auditors for the financial year 2026-27.The unaudited financial results provide insights into the company's operational performance across various segments. GSFC’s management confirmed that the results incorporate those of subsidiaries, including GSFC Agrotech Ltd., Vadodara Jal Sanchay Private Limited, Gujarat Port and Logistics Company Limited, and associates such as Gujarat Green Revolution Company Limited and Karnalyte Resources Inc.
Financial Performance Highlights (Quarter ended 30/06/2026)
The financial statements for the quarter ending June 30, 2026, were presented in comparison to previous periods. Key figures from the unaudited results are detailed below:| Metric | Unaudited Q2 FY26 (₹) | Audited Q1 Mar-26 (₹) |
|---|---|---|
| Standalone Revenue | 3,583.15 | 2,614.58 |
| Standalone Net Result: | 726.65 | 207.31 |
| Consolidated Revenue | 7,391.84 | 5,892.15 |
| Consolidated Net Result: | 158.54 | 118.41 |
The company's financial results for the quarter ended June 30, 2026, were reviewed by the Finance-Cum-Audit Committee and approved by the Board of Directors. The unaudited standalone results have also received a Limited Review report from the Statutory Auditors, M/s CNK & Associates LLP, Chartered Accountants, Vadodara.
Cost Auditor Reappointment Details
The Board meeting addressed the appointment of cost auditors for the upcoming fiscal year. M/s N D Birla & Co, Cost Accountants, Ahmedabad (Firm Registration No. 000028), was re-appointed as the Cost Auditors of the Company for FY 2026-27.Details regarding this reappointment are as follows:
| Detail | Information |
|---|---|
| Auditor Name | M/s N D Birla & Co, Cost Accountants |
| Nature of Action | Re-appointment |
| Date of Re-appointment | 12th August, 2026 |
| Term of Appointment | Financial Year 2026-27 |
| Remuneration | Rs.4,40,000/- per annum plus applicable service tax and out-of-pocket expenses |
The company confirmed that the unaudited financial results have been reviewed by the Finance-Cum-Audit Committee and are made available on the Company's website.
GSFC Stock Price Movement
On Wednesday, shares of Gujarat State Fertilizers & Chemicals Limited slipped to settle at ₹160.69, shedding 0.58% from the previous close. The stock traded with a volume of 905,558 shares after fluctuating between a day low of ₹159.04 and a high of ₹163.72.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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