Gujarat State Fertilizers & Chemicals Ltd. announced unaudited earnings results for the quarter and year to date ended December 31, 2012. For the quarter, the company reported net sales of INR 17,294.3 million against INR 13,000.2 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,960.0 million against INR 2,271.7 million a year ago. Profit from ordinary activities before tax was INR 2,045.4 million against INR 2,533.8 million a year ago. Net profit for the period was INR 1,364.9 million against INR 1,723.5 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 3.43 against INR 4.33 a year ago.

For the year to date, the company reported net sales of INR 45,572.9 million against INR 37,718.3 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 5,727.5 million against INR 7,456.5 million a year ago. Profit from ordinary activities before tax was INR 6,692.8 million against INR 7,740.4 million a year ago. Net profit for the period was INR 4,596.6 million against INR 5,272.3 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 11.54 against INR 13.23 a year ago.