{"id":335294,"date":"2026-11-03T19:40:09","date_gmt":"2026-11-03T14:10:09","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/gujarat-state-fertilizers-and-chemicals-q2-results-fy27-pat-200-crore\/"},"modified":"2026-11-03T19:40:09","modified_gmt":"2026-11-03T14:10:09","slug":"gujarat-state-fertilizers-and-chemicals-q2-results-fy27-pat-200-crore","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/gujarat-state-fertilizers-and-chemicals-q2-results-fy27-pat-200-crore\/","title":{"rendered":"Gujarat State Fertilizers &#038; Chemicals Q2 Results FY27: PAT Falls 38.22% to Rs 200.24 Cr, Revenue Rs 4,740.94 Cr"},"content":{"rendered":"<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27 were declared on 2 November 2026 on a consolidated basis. Revenue rose 48.74% YoY to Rs 4,740.94 Cr, while net profit fell 38.22% to Rs 200.24 Cr from Rs 324.11 Cr. These quarterly results show YoY growth in sales alongside lower profit, with Operating Profit at Rs 139.67 Cr.<\/p>\n<\/div>\n<p>Gujarat State Fertilizers &amp; Chemicals Ltd (GSFC) Q2 Results FY27 announced on 2 November 2026, covering the company&#8217;s financial performance for the July to September quarter. Revenue came in at Rs 4,740.94 Cr and PAT at Rs 200.24 Cr on a consolidated basis. The results date places Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27 on the NSE and BSE calendar, and the consolidated results are read line by line below.<\/p>\n<p>This Gujarat State Fertilizers &amp; Chemicals Q2 Results results analysis covers the financial highlights, the business drivers disclosed for the quarter, the outlook and the risks. Univest tracks every quarterly filing on the Univest Screener, so the Financial Highlights table that follows is the quickest way to compare each line with the year-ago quarter.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=quarterly_results\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-state-fertilizers-and-chemicals-q2-results-fy27-pat-200-crore\/#Gujarat_State_Fertilizers_Chemicals_Q2_Results_FY27_Financial_Highlights\" title=\"Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27: Financial Highlights\">Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27: Financial Highlights<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-state-fertilizers-and-chemicals-q2-results-fy27-pat-200-crore\/#Key_Takeaways_from_Gujarat_State_Fertilizers_Chemicals_Q2_Results_What_Stands_Out\" title=\"Key Takeaways from Gujarat State Fertilizers &amp; Chemicals Q2 Results: What Stands Out\">Key Takeaways from Gujarat State Fertilizers &amp; Chemicals Q2 Results: What Stands Out<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-state-fertilizers-and-chemicals-q2-results-fy27-pat-200-crore\/#Gujarat_State_Fertilizers_Chemicals_Q2_Results_FY27_Performance_Analysis\" title=\"Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27: Performance Analysis\">Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27: Performance Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-state-fertilizers-and-chemicals-q2-results-fy27-pat-200-crore\/#Key_Business_Factors_This_Quarter\" title=\"Key Business Factors This Quarter\">Key Business Factors This Quarter<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-state-fertilizers-and-chemicals-q2-results-fy27-pat-200-crore\/#FY27_Outlook_After_Gujarat_State_Fertilizers_Chemicals_Q2_Results\" title=\"FY27 Outlook After Gujarat State Fertilizers &amp; Chemicals Q2 Results\">FY27 Outlook After Gujarat State Fertilizers &amp; Chemicals Q2 Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-state-fertilizers-and-chemicals-q2-results-fy27-pat-200-crore\/#Key_Risks_to_Watch_After_Gujarat_State_Fertilizers_Chemicals_Q2_Results_FY27\" title=\"Key Risks to Watch After Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27\">Key Risks to Watch After Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-state-fertilizers-and-chemicals-q2-results-fy27-pat-200-crore\/#Net_Profit_Decline\" title=\"Net Profit Decline\">Net Profit Decline<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-state-fertilizers-and-chemicals-q2-results-fy27-pat-200-crore\/#Narrower_Net_Margin\" title=\"Narrower Net Margin\">Narrower Net Margin<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-state-fertilizers-and-chemicals-q2-results-fy27-pat-200-crore\/#Low_Return_Ratios\" title=\"Low Return Ratios\">Low Return Ratios<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-state-fertilizers-and-chemicals-q2-results-fy27-pat-200-crore\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-state-fertilizers-and-chemicals-q2-results-fy27-pat-200-crore\/#Frequently_Asked_Questions_on_Gujarat_State_Fertilizers_Chemicals_Q2_Results_FY27\" title=\"Frequently Asked Questions on Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27\">Frequently Asked Questions on Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-state-fertilizers-and-chemicals-q2-results-fy27-pat-200-crore\/#What_are_Gujarat_State_Fertilizers_Chemicals_Q2_Results_FY27\" title=\"What are Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27?\">What are Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-state-fertilizers-and-chemicals-q2-results-fy27-pat-200-crore\/#What_is_the_results_date_for_Gujarat_State_Fertilizers_Chemicals_Q2_Results_FY27\" title=\"What is the results date for Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27?\">What is the results date for Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-state-fertilizers-and-chemicals-q2-results-fy27-pat-200-crore\/#What_revenue_was_reported_in_Gujarat_State_Fertilizers_Chemicals_Q2_Results_FY27\" title=\"What revenue was reported in Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27?\">What revenue was reported in Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-state-fertilizers-and-chemicals-q2-results-fy27-pat-200-crore\/#What_net_profit_was_reported_in_Gujarat_State_Fertilizers_Chemicals_Q2_Results_FY27\" title=\"What net profit was reported in Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27?\">What net profit was reported in Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-state-fertilizers-and-chemicals-q2-results-fy27-pat-200-crore\/#How_much_YoY_growth_did_revenue_show_in_Gujarat_State_Fertilizers_Chemicals_Q2_Results_FY27\" title=\"How much YoY growth did revenue show in Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27?\">How much YoY growth did revenue show in Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-state-fertilizers-and-chemicals-q2-results-fy27-pat-200-crore\/#Did_net_profit_rise_or_fall_in_Gujarat_State_Fertilizers_Chemicals_Q2_Results\" title=\"Did net profit rise or fall in Gujarat State Fertilizers &amp; Chemicals Q2 Results?\">Did net profit rise or fall in Gujarat State Fertilizers &amp; Chemicals Q2 Results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-state-fertilizers-and-chemicals-q2-results-fy27-pat-200-crore\/#What_was_the_Operating_Profit_in_Gujarat_State_Fertilizers_Chemicals_Q2_Results_FY27\" title=\"What was the Operating Profit in Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27?\">What was the Operating Profit in Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-state-fertilizers-and-chemicals-q2-results-fy27-pat-200-crore\/#Are_Gujarat_State_Fertilizers_Chemicals_Q2_Results_consolidated_results_or_standalone_results\" title=\"Are Gujarat State Fertilizers &amp; Chemicals Q2 Results consolidated results or standalone results?\">Are Gujarat State Fertilizers &amp; Chemicals Q2 Results consolidated results or standalone results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-state-fertilizers-and-chemicals-q2-results-fy27-pat-200-crore\/#What_business_factors_shaped_Gujarat_State_Fertilizers_Chemicals_Q2_Results_FY27\" title=\"What business factors shaped Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27?\">What business factors shaped Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-state-fertilizers-and-chemicals-q2-results-fy27-pat-200-crore\/#What_are_the_key_risks_after_Gujarat_State_Fertilizers_Chemicals_Q2_Results_FY27\" title=\"What are the key risks after Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27?\">What are the key risks after Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-state-fertilizers-and-chemicals-q2-results-fy27-pat-200-crore\/#What_is_the_outlook_after_Gujarat_State_Fertilizers_Chemicals_Q2_Results\" title=\"What is the outlook after Gujarat State Fertilizers &amp; Chemicals Q2 Results?\">What is the outlook after Gujarat State Fertilizers &amp; Chemicals Q2 Results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-state-fertilizers-and-chemicals-q2-results-fy27-pat-200-crore\/#Where_can_I_find_the_complete_Gujarat_State_Fertilizers_Chemicals_Q2_Results_FY27_data\" title=\"Where can I find the complete Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27 data?\">Where can I find the complete Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27 data?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Gujarat_State_Fertilizers_Chemicals_Q2_Results_FY27_Financial_Highlights\"><\/span><strong>Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27: Financial Highlights<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<tbody>\n<tr>\n<th>Metric<\/th>\n<th>Q2 FY27 (Sep 26)<\/th>\n<th>Q2 FY26 (Sep 25)<\/th>\n<th>YoY Change<\/th>\n<\/tr>\n<tr>\n<td><strong>Revenue<\/strong><\/td>\n<td>Rs 4740.94 Cr<\/td>\n<td>Rs 3187.37 Cr<\/td>\n<td>+48.74% YoY<\/td>\n<\/tr>\n<tr>\n<td><strong>Operating Profit<\/strong><\/td>\n<td>Rs 139.67 Cr<\/td>\n<td>Rs 336.62 Cr<\/td>\n<td>-58.51% YoY<\/td>\n<\/tr>\n<tr>\n<td><strong>Net Profit (PAT)<\/strong><\/td>\n<td>Rs 200.24 Cr<\/td>\n<td>Rs 324.11 Cr<\/td>\n<td>-38.22% YoY<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Source: company filing for Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27, 2 November 2026. Figures in Rs Crore, Consolidated basis.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways_from_Gujarat_State_Fertilizers_Chemicals_Q2_Results_What_Stands_Out\"><\/span><strong>Key Takeaways from Gujarat State Fertilizers &amp; Chemicals Q2 Results: What Stands Out<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Revenue of Rs 4,740.94 Cr<\/strong> is up 48.74% YoY from Rs 3,187.37 Cr, which makes it the headline figure of Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27.<\/li>\n<li><strong>Net profit of Rs 200.24 Cr<\/strong> is down 38.22% from Rs 324.11 Cr, so YoY growth in sales did not carry through to profit.<\/li>\n<li><strong>Operating Profit of Rs 139.67 Cr<\/strong> is down 58.51% from Rs 336.62 Cr in the same quarter last year, a sharper fall than net profit.<\/li>\n<li><strong>Net profit margin of 4.2%<\/strong> compares with 10.2% in the year-ago quarter, which shows how much slimmer each rupee of sales has become.<\/li>\n<li><strong>Revenue is up 32.3% QoQ<\/strong> from Rs 3,583.15 Cr, and the performance analysis below explains how these moves fit together.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Gujarat_State_Fertilizers_Chemicals_Q2_Results_FY27_Performance_Analysis\"><\/span><strong>Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27: Performance Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The numbers show a quarter in which sales expanded sharply while profit contracted. Consolidated revenue rose 48.74% YoY to Rs 4,740.94 Cr, but net profit fell 38.22% to Rs 200.24 Cr. That split is the core of Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27 and frames the whole results analysis.<\/p>\n<p>Operating Profit fell 58.51% YoY to Rs 139.67 Cr from Rs 336.62 Cr, a steeper drop than net profit. Revenue also climbed 32.3% over the preceding quarter, which was Rs 3,583.15 Cr. For Gujarat State Fertilizers &amp; Chemicals Q2 Results, YoY growth in revenue therefore sits beside a lower profit base.<\/p>\n<p>Investors reading these quarterly results will want to track how net profit and Operating Profit move in later disclosures. The supplied figures confirm what changed but do not establish the specific cause, so the results analysis turns next to the business factors disclosed for the quarter.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live results data<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Business_Factors_This_Quarter\"><\/span><strong>Key Business Factors This Quarter<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Revenue Expansion<\/strong> &#8211; The results analysis points first to sales. Revenue grew 48.7% year on year to Rs 4,740.94 Cr in the latest quarter, the largest single movement in the quarterly results and the base for every margin comparison.<\/p>\n<p><strong>Balance Sheet Position<\/strong> &#8211; The company is almost debt free, with a debt-to-assets ratio of 0.00 in FY26. This low borrowing level is part of the context in which Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27 should be read.<\/p>\n<p><strong>Sequential Momentum<\/strong> &#8211; Revenue was up 32.3% quarter on quarter from Rs 3,583.15 Cr. The supplied data records this sequential rise alongside the YoY rise.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"FY27_Outlook_After_Gujarat_State_Fertilizers_Chemicals_Q2_Results\"><\/span><strong>FY27 Outlook After Gujarat State Fertilizers &amp; Chemicals Q2 Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>No management guidance is attached to this filing, so FY27 full-year results will depend on the quarters still to come and on disclosed sector conditions. The results analysis here rests on the reported revenue of Rs 4,740.94 Cr and net profit of Rs 200.24 Cr.<\/p>\n<p>For Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27, the next filings will show whether net profit stays below the Rs 324.11 Cr of the year-ago quarter. Readers can follow those updates on the Univest app, which lists each declared result as it is filed. That brings the discussion to the risks.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_Watch_After_Gujarat_State_Fertilizers_Chemicals_Q2_Results_FY27\"><\/span><strong>Key Risks to Watch After Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Net_Profit_Decline\"><\/span><strong>Net Profit Decline<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Net profit fell 38.2% year on year to Rs 200.24 Cr. Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27 therefore shows YoY growth in revenue but a lower profit figure, which is the first item to watch in later quarters.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Narrower_Net_Margin\"><\/span><strong>Narrower Net Margin<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Net profit margin narrowed to 4.2% from 10.2% in the comparison quarter. A thinner margin means profit is more sensitive to any change in revenue, so each future filing will matter.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Low_Return_Ratios\"><\/span><strong>Low Return Ratios<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Return on equity was low at 5.52% in FY26, while return on capital employed was modest at 7.17%. These FY26 ratios set a modest backdrop against which the latest profit figures are judged.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track quarterly results as they are declared.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27 show revenue of Rs 4,740.94 Cr, up 48.74% YoY, and net profit of Rs 200.24 Cr, down 38.22%. In these quarterly results the consolidated results reveal higher sales and lower profit. Read Gujarat State Fertilizers &amp; Chemicals Q2 Results alongside later filings, and consult a SEBI-registered advisor before acting.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice. Research Analyst: Uniresearch Global Pvt. Ltd., SEBI Registration No. INH000013776.<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Gujarat_State_Fertilizers_Chemicals_Q2_Results_FY27\"><\/span><strong>Frequently Asked Questions on Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_are_Gujarat_State_Fertilizers_Chemicals_Q2_Results_FY27\"><\/span><strong>What are Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27 are the consolidated July to September 2026 quarterly results of Gujarat State Fertilizers &#038; Chemicals, declared on 2 November 2026, as covered in the Quick Answer and the Financial Highlights table.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_results_date_for_Gujarat_State_Fertilizers_Chemicals_Q2_Results_FY27\"><\/span><strong>What is the results date for Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Gujarat State Fertilizers &#038; Chemicals declared its quarterly results on 2 November 2026, which is the results date, so the figures below cover July to September 2026 as outlined in the opening paragraphs.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_revenue_was_reported_in_Gujarat_State_Fertilizers_Chemicals_Q2_Results_FY27\"><\/span><strong>What revenue was reported in Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Gujarat State Fertilizers &#038; Chemicals reported consolidated revenue of Rs 4,740.94 Cr, compared with Rs 3,187.37 Cr a year earlier, which means revenue is higher, as the Financial Highlights table shows.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_net_profit_was_reported_in_Gujarat_State_Fertilizers_Chemicals_Q2_Results_FY27\"><\/span><strong>What net profit was reported in Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Gujarat State Fertilizers &#038; Chemicals reported net profit of Rs 200.24 Cr, compared with Rs 324.11 Cr in the year-ago quarter, which means profit fell, as the Key Takeaways section notes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_YoY_growth_did_revenue_show_in_Gujarat_State_Fertilizers_Chemicals_Q2_Results_FY27\"><\/span><strong>How much YoY growth did revenue show in Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27 show revenue up 48.74% YoY, alongside a 32.3% rise over the preceding quarter of Rs 3,583.15 Cr, as the Performance Analysis section explains in detail.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Did_net_profit_rise_or_fall_in_Gujarat_State_Fertilizers_Chemicals_Q2_Results\"><\/span><strong>Did net profit rise or fall in Gujarat State Fertilizers &amp; Chemicals Q2 Results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> In Gujarat State Fertilizers &amp; Chemicals Q2 Results, net profit fell 38.22% YoY to Rs 200.24 Cr, while revenue rose 48.74%, so profit moved against sales, as the Performance Analysis section describes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_was_the_Operating_Profit_in_Gujarat_State_Fertilizers_Chemicals_Q2_Results_FY27\"><\/span><strong>What was the Operating Profit in Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Gujarat State Fertilizers &#038; Chemicals reported Operating Profit of Rs 139.67 Cr, down 58.51% from Rs 336.62 Cr a year earlier, which means it fell faster than net profit, per the Key Takeaways.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Are_Gujarat_State_Fertilizers_Chemicals_Q2_Results_consolidated_results_or_standalone_results\"><\/span><strong>Are Gujarat State Fertilizers &amp; Chemicals Q2 Results consolidated results or standalone results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Gujarat State Fertilizers &amp; Chemicals Q2 Results are consolidated results for Gujarat State Fertilizers &#038; Chemicals, so figures cover the group, while the net profit margin of 4.2% in the Key Risks section is on the same basis.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_business_factors_shaped_Gujarat_State_Fertilizers_Chemicals_Q2_Results_FY27\"><\/span><strong>What business factors shaped Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27 were shaped by 48.7% YoY revenue growth and a sequential rise of 32.3%, alongside a debt-to-assets ratio of 0.00 in FY26, per the Key Business Factors section.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_key_risks_after_Gujarat_State_Fertilizers_Chemicals_Q2_Results_FY27\"><\/span><strong>What are the key risks after Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27 carry a 38.2% YoY net profit fall and a margin of 4.2% against 10.2%, while FY26 return on equity was 5.52%, as the Key Risks section lists.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_outlook_after_Gujarat_State_Fertilizers_Chemicals_Q2_Results\"><\/span><strong>What is the outlook after Gujarat State Fertilizers &amp; Chemicals Q2 Results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No management guidance is attached to Gujarat State Fertilizers &amp; Chemicals Q2 Results, so FY27 depends on later quarters, which means the next filings will show whether net profit stays below Rs 324.11 Cr, per the Outlook.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Where_can_I_find_the_complete_Gujarat_State_Fertilizers_Chemicals_Q2_Results_FY27_data\"><\/span><strong>Where can I find the complete Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27 data?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The complete Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27 data sits in the Financial Highlights table above, while the Univest Screener and the Univest app list the filing alongside other declared quarterly results.<\/p>\n<p><script type=\"application\/ld+json\" class=\"faq-schema\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What are Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Gujarat State Fertilizers &amp; Chemicals Q2 Results FY27 are the consolidated July to September 2026 quarterly results of Gujarat State Fertilizers & Chemicals, declared on 2 November 2026, as covered in the Quick Answer and the Financial Highlights table.\"}},{\"@type\":\"Question\",\"name\":\"What is the results date for Gujarat State Fertilizers &amp; 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