GNFC Q4 FY26 Results: PAT Jumps 87% To ₹392 Crore, Board Recommends ₹21 Dividend

Gujarat Narmada Valley Fertilizers & Chemicals reported a sharp improvement in profitability for the March quarter of FY26, supported by better sales realisation across key products and lower input costs. The company’s standalone operating revenue for Q4 FY26 stood at ₹2,208 crore compared to ₹1,996 crore in the corresponding quarter last year.

GNFC's share price was up by almost 1% to close the trading day of 18 May 2026 at ₹519.1 on the National Stock Exchange.

How Did GNFC Perform?

Total revenue increased to ₹2,333 crore from ₹2,093 crore in the same quarter last year. Profit before tax (PBT) for the quarter surged to ₹526 crore from ₹204 crore a year ago, while profit after tax (PAT) rose 87% year-on-year (YoY) to ₹392 crore compared to ₹210 crore reported in Q4 FY25. Sequentially, PAT also improved significantly from ₹150 crore reported in Q3 FY26.

For the full financial year FY26, operating revenue stood at ₹7,773 crore compared to ₹7,892 crore in FY25. Total revenue came in at ₹8,272 crore against ₹8,393 crore in the previous financial year. However, annual profitability improved sharply, with PBT rising to ₹1,065 crore from ₹790 crore and PAT increasing to ₹797 crore from ₹585 crore in FY25.

The company said FY26 revenue was not directly comparable with the previous year due to annual turnaround activities at the Bharuch complex during the current year and at the Dahej complex in FY25. It added that lower input costs helped improve profitability during the year.

GNFC generated net cash flow from operating activities of ₹654 crore during FY26 compared to ₹606 crore in FY25. Closing cash balance stood at ₹74 crore at the end of FY26 against a negative ₹80 crore in the previous year.

Commenting on the results, Managing Director Rajkumar Beniwal said Q4 performance improved on both a quarter-on-quarter and a year-on-year basis due to better sales realisation and lower input costs.

The board has recommended a dividend of ₹21 per share for FY26.

Also Read - Astral Q4 FY26 Results: PAT Rises 20% To ₹213 Crore, Revenue Up 24%

Source:

Company Press Release