India's Gujarat Narmada Valley slips on quarterly profit decline

Gujarat Narmada Valley Fertilizers & Chemicals

07/08/2025 08:42

** Shares of Gujarat Narmada Valley Fertilizers & Chemicals GNFC.NS fall 7.63% to 503.4 rupees

** Fertilizers and chemical maker's June quarter consolidated net profit down by ~30% to 830 million rupees ($9.46 million), consolidated revenue declines 20%

** On course to record the lowest intraday level in 6 months

** Co says lower volume availability has affected the revenue for fertilizer and chemical segments

** More than 1.7 million shares traded, 4.7x vs 30-day avg

** YTD, stock is down 11.2%

($1 = 87.7525 Indian rupees)

(Reporting by Urvi Dugar)

((UrviManoj.Dugar@thomsonreuters.com;))