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Gujarat State Fertilizers & Chemicals reported a 49% year-on-year rise in Q2 FY27 sales, while profit before tax and net profit fell 42% and 38%, respectively. Fertilizer-segment EBIT declined sharply amid higher sulfur and natural gas costs, and the company awarded a roughly Rs 3,000 crore contract for a phosphoric- and sulfuric-acid project at Sikka, due for completion in 30 to 33 months.
Higher sulfur and gas costs are squeezing fertilizer producer margins, while the new acid project could add processing capacity after completion. The article does not establish a near-term change in fertilizer supply or market prices.
kalkine.co.inMukul KumarNov 7, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
