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Great Honour for Gujarat –GNFC Unprecedented financial results

Team GNFC under the inspiring leadership of Dr Rajiv Kumar Gupta has achieved unprecedented  financial results  for FY 17-18 in 42 years history. 1. Highest Ever PBT of Rs. 1,162 crore: (63% higher than the previous highest of Rs. 715 crore registered during the previous financial year.) 2

By Whispers in the Corridors 1 min read
Great Honour for Gujarat –GNFC Unprecedented financial results

Team GNFC under the inspiring leadership of Dr Rajiv Kumar Gupta has achieved unprecedented  financial results  for FY 17-18 in 42 years history.

1. Highest Ever PBT of Rs. 1,162 crore: (63% higher than the previous highest of Rs. 715 crore registered during the previous financial year.)

2. Highest Ever PAT of Rs. 790 crore: (51% higher than the previous highest of Rs. 521 crore registered during the previous financial year.)

3. Highest Ever EBITDA of Rs. 1,532 crore: (31% higher than the previous highest of Rs. 1,170 crore registered during the previous financial

year.)

4. Highest Ever Turnover of Rs. 6,058 crore: (17% higher than the Rs.

5,170 crore registered during the previous financial year.)

5. Highest Ever EPS of Rs. 50.80: (51% higher than the previous highest of Rs. 33.54 registered during the previous financial year.)

6. Highest Ever Dividend of 75%.

7. Highest Ever Exports of Rs. 629 crore: (74% higher than the Rs. 361 registered during the previous financial year.)

8. Highest ever prepayment of Long Term Debt of Rs. 534 crore.

9. Highest ever Long Term Debt extinction of Rs. 888 crore. Long term debt level reduced by 100% from 2,180 crore in 2013-14 to Rs. Nil as of

date.

10. GNFC is now Long Term Debt free company.

11. It is very significant to note that the PBT of Rs. 1,162 crores recorded by GNFC is the Highest ever yearly PBT recorded by any Government of Gujarat Company on standalone basis.

Fulfilling Hon’ble Prime Minister’s vision of 100% Neem Coating of Urea, GNFC has expended Neem project to Rajasthan, MP, Maharastra, Karnataka & UP.

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