GSFC: Sales surged, but fertilizer input costs squeezed earnings as major Sikka investment advances

Q2 sales grew strongly, but fertilizer cost inflation cut profits and compressed segment EBIT. H2 prospects hinge on subsidy rates; a INR 3,000 crore Sikka project and solar savings support the outlook.

Based on Gujarat State Fertilizers & Chemicals Limited [GSFC] Q2 26/27 Audio Transcript — Nov. 4 2026