Gujarat Narmada Valley Fertilizers & Chemicals Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 16,520 million compared to INR 26,960 million a year ago. Revenue was INR 17,400 million compared to INR 27,720 million a year ago.

Net income was INR 880 million compared to INR 5,720 million a year ago. Basic earnings per share from continuing operations was INR 5.68 compared to INR 36.9 a year ago. Diluted earnings per share from continuing operations was INR 5.68 compared to INR 36.9 a year ago.