Signal Desk · Markets

GSFC Q2 profit falls 38% as input costs rise

2026-11-02 · 1 source · CNBC TV18 Market

In short

GSFC said its Q2 revenue rose 50% to ₹4,711 crore and H1 sales rose 56% to ₹8,293 crore. But profit fell 38% because sulphur prices jumped 327% and natural gas costs rose 62%.

The fertiliser segment’s EBIT dropped to ₹17 crore from ₹224 crore, while industrial products sales grew 30%. The report does not say whether these cost pressures will continue.

What the reporting says

GSFC reported higher Q2 and H1 sales, but net profit fell 38% as sulphur and natural gas costs surged. Q2 revenue rose 50% year on year to ₹4,711 crore and H1 sales increased 56% to ₹8,293 crore, while fertiliser segment EBIT dropped to ₹17 crore from ₹224 crore after a 327% rise in sulphur prices and a 62% increase in natural gas costs. The industrial products segment grew sales 30%, but the report does not give a full earnings outlook.

Why it matters

GSFC reported record Q2 and H1 sales, but fertiliser margins were hit hard by higher input costs. Sulphur prices rose 327% and natural gas costs increased 62%, pushing fertiliser segment EBIT down to ₹17 crore from ₹224 crore. Industrial products sales still grew 30%. The source does not state management guidance or whether margins will recover.

Touches: GSFC, Companies, Markets

Sources