GNFC Announces Q2 Results

Gujarat Narmada Valley Fertilizers Company Ltd (GNFC) has announced the following Unaudited Results for the quarter ended September 30, 2007:The Company has posted a net profit of Rs 1205.80 million for the quarter ended September 30, 2007 where as the same was at Rs 739.50 million for the quarter ended September 30, 2006. Total Income is Rs 11648.40 million for the quarter ended September 30, 2007 where as the same was at Rs 6988.70 million for the quarter ended September 30, 2006.The figures of the current three months period ended September 30, 2007 include the figures of erstwhile Narmada Chematur Petrochemicals Ltd (NCPL), a subsidiary of the Company, which is amalgamated with the Company with effect from February 15, 2007 and therefore, to that extent, the figures are not comparable with those of the corresponding previous period.