Gujarat State Fertilizers and Chemicals information
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Gujarat State Fertilizers and Chemicals
Company type
Public
Traded as
BSE: 500690
NSE: GSFC
Industry
Fertilizers
Chemicals
Founded
1962; 62 years ago (1962)
Headquarters
Vadodara, Gujarat
,
India
Revenue
₹11,445 crore (US$1.4 billion) (FY23)[1]
Operating income
₹1,618 crore (US$200 million) (FY23)[1]
Net income
₹1,293 crore (US$160 million) (FY23)[1]
Owner
Government of Gujarat (37.84%)[2]
Website
www.gsfclimited.com
Gujarat State Fertilizers & Chemicals Limited (GSFC) is an Indian chemicals and fertilizers manufacturer, owned by the Government of Gujarat. GSFC was founded in 1962 and has its headquarters in Vadodara on the Ahmedabad Vadodara Expressway.[3] As of fiscal year 2021–22, fertilizers such as diammonium phosphate, ammonium sulfate and urea generated over 60% of the company's revenue, while industrial products including caprolactam, nylon 6, melamine and MEK oxime contributed the remaining share.[4]
Oil and gas discovered in Bombay High and South Basin triggered the birth of 8 new generation fertilizer plants to fulfill the growing food needs of India. In 1976, it set up a plant in Bharuch which trades as Gujarat Narmada Valley Fertilisers & Chemicals, as a subsidiary of GSFC.
In 2012, GSFC incorporated a wholly-owned subsidiary called GSFC AgroTech Limited (GATL).[5]
^ abc"Gujarat State Fertilizers reports highest ever sales, net profit and dividend of 500% in FY23". Mint. 25 May 2023.
^"GSFC aiming to double revenues in next 4-5 years". Times Now. 25 July 2022. Retrieved 28 February 2023.
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number of violent incidents including 2001 Indian Parliament attack and 2002 Gujarat riots which ultimately caused his defeat in 2004 general election....