# Gujarat State Fertilizers & Chemicals Ltd (BOM:500690) (Q2 2027) Earnings Call Highlights

> Gujarat State Fertilizers & Chemicals reported record Q2 and first-half sales, but consolidated profit fell year over year amid margin compression. Fertilizer-segment EBIT dropped sharply as sulfur and natural gas costs rose; the company also cited uncertainty over NPK subsidy rates and plans a phosphoric acid project intended to reduce import dependence.

- Date: 2026-11-07 · published 2026-11-08T03:12:48.223Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/86969-gujarat-state-fertilizers-and-chemicals-ltd-bom-500690-q2-2027-earnings-call
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md), [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

Higher sulfur and gas input costs can raise fertilizer production costs, while uncertain subsidies may constrain Indian fertilizer output and demand. The planned phosphoric acid capacity could reduce import needs over time.

## Read by commodity

- NATGAS: bullish ▲
- PHOSROCK: neutral

## Sources

- ca.investing.com: https://ca.investing.com/news/company-news/gujarat-state-fertilizers--chemicals-ltd-bom500690-q2-2027-earnings-call-highlights--4941077

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.