Gujarat Narmada Valley's fiscal net loss at Rs.452 crore

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SME Times News Bureau | 29 May, 2015
Fertilizer manufacturer Gujarat Narmada Valley Fertilizer and Chemicals on Thursday reported a net loss of Rs.452.07 crore for 2014-15 from a net profit of Rs.292.27 crore for the corresponding period of the previous year.

The company's total income for the year ended March 31, 2015 fell by 4.24 percent and stood at Rs.4,641.52 crore from Rs.4,847.19 crore in the corresponding period of the previous fiscal.

The company's total expenditure during the fiscal under review grew by 3.76 percent at Rs.4,540.84 crore from Rs.4,376.04 crore during 2013-14.