Outcome of Board Meeting

GUJARAT STATE FERTTLTZERS & CHEMTCALS LIMTTED E.fij Fertilizernagar - 391 750. Vadodara, Cujarat, lNDlA. CIN : 199999GJ1962P1C001121 NO.SEC/SE/R8G43n026 2nd November, 2026 The Corporate Re lationship DeparEnent The Manager, Listing Deparhnent BSE Limited National Stock Exchange of India Ltd 1st Floor, New Trading Ring 'Exchange Plaza', C/l, Block G Rotunda Bldg., P.J.Towers, Dalal Street Bandra-Kurla Complex For! MUMBAI - 400 001 Bandra (East), MUMBAI - 400 051 SCRIP CODE: 5@690 SYMBOL: GSFC Dear Sir / Madam, Sub.: Outcome of Board meeting Ref.: Regulation 30 (read with Part A of Schedule ITr) and Regulation 33 ofthe SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (..Listing Regulations.). This is to inform you that the Board of Directors of the company at its meeting held today, i.e. 2"d November, 2026 have considered and approved unaudited frnancial results, both standalone and consolidated for the quarter and half year ended 30h september, 2026 ('unaudited Financial Results"). The Board meeting commenced at 16:30 hrs (IST) urd concluded at 17:25 hrs (ST). In terms of the Listing Regulations, please find enclosed herewith: 1 Unaudited Financial Results for the quarter and half year ended 3 0u September, 2026; Independent Auditor's Limited Review report on Unaudited Financial Results issued by the Statutory Auditors, lWs CNK & Associates LLP, Chartered Accountants, Vadodara. These results are also being made available on the Company's website at www.gsfclimited.com. Kindly take the above information on record Thanking you, Yours faithfully, For Gujarat State Fertilizers & Chemicals Ltd., Nidhi Pillai Company Secretary & Vice President (Legal & HRS) Membership No.: A15142 E-mail : i fcltd.com Encl.: a/a Ph. : (O) + 91 -265-2 242451, 2242651' 22427 51, 2242641 $ tax : +91-265-2240966 Email : ho@gsfcltd com o Website : www gslclimited com lS0 9001,1S0 14001,1S0 45001 & tSO 50001 Geililied Gompany GUJARAT STATE FERTILIZERS & CHEMICALS LTD. P.O. FERTILIZERNAGAR, DIST. VADODARA - 391750 Statement of Unaudited Standalone and Consolidated Financial Results for Quarter and Half Year ended 30th September,2026 (Rs in crores) Standalone Consolidated Rr Unaudited Unaudited Unaudited Unaudited Unaudited Audited Unaudited Unaudited Unaudited Unaudited Unaudited Audited No Particulars Quarter ended Haif year ended Year ended Quarter ended Half year ended Year ended 30-Sep-26 30-Jun-26 30-Sep-25 30-Sep-26 30-Sep-25 31-Mar-26 30-Sep-26 30-Jun-26 30-Sep-25 30-Sep-26 30-Sep-25 31-Mar-26 1 Income (a) Revenue from operations 4,711.35 3,581.40 3,139.91 8,292.75 5,311.56 10,827.25 4,740.94 3,583.15 3,187.37 8,324.09 5,371.78 10,945.50 (b) Other Income 169.88 33.18 142.33 203.06 182.13 273.06 170.34 33.58 142.97 203.92 184.72 276.37 4,881.23 3,614.58 3,282.24 8,495.81 5,493.69 11,100.31 4,911.28 3,616.73 3,330.34 8,528.01 5,556.50 11,221.87 2 Expenses (a) Cost of materials consumed 2,098.83 2,409.23 1,310.94 4,508.06 2,568.55 5,985.61 2,098.83 2,409.23 1,310.94 4,508.06 2,568.55 5,985.69 (b) Purchase of stock-in-trade 2,217.99 1,025.68 571.86 3,243.67 930.15 1,520.86 2,234.32 1,068.29 595.43 3,302.61 990.11 1,630.71 (c) Changes In Inventories of finished goods, (322.64) (758.07) 263.03 (1,080.71) 31.22 (124.27) (326.73) (801.32) 275.70 (1,128.05) 20.87 (155.12) work-in-progress and stock In trade (d) Power and Fuel 199.48 223.13 229.97 422.61 442.20 883.04 199.50 223.15 229.99 422.65 442.24 883.19 (e) Employee tienefits expense 190.17 191.29 190.40 381.46 364.07 768.42 192.76 193.99 193.07 386.75 369.41 777.58 (f) Finance Costs 14.79 10.19 1.79 24.98 9.33 14.46 14.79 10.19 1.79 24.98 9.33 14.47 (g) Depreciation and amortisation expense 54.66 53.94 50.42 108.60 97.92 201.50 54.75 54.04 50.53 108.79 98.13 201.90 (h) Other expenses 196.83 251.88 240.29 448.71 441.12 1,012.57 202.59 257.13 245.62 459.72 451.12 1,033.16 Total expenses 4,650.11 3,407.27 2,858.70 8,057.38 4,884.56 10,262.19 4,670.81 3,414.70 2,903.07 8,085.51 4,949.76 10,371.58 3 Profit before tax & share of proflt/(loss) of 231.12 207.31 423.54 438.43 609.13 838.12 240.47 202.03 427.27 442.50 606.74 850.29 associates (1-2) 4 Share in Profit of Associates 8.78 3.11 1.22 11.89 6.24 11.00 5 Profit before tax (3+4) 231.12 207.31 423.54 438.43 609.13 838.12 249.25 205.14 428.49 454.39 612.98 861.29 6 Tax expense/(benefit) (a) Cument tax 53.81 50.29 92.50 104.10 129.30 203.94 54.71 50.65 92.57 105.36 129.41 204.16 (b) Deferred tax (6.53) (4.09) 10.96 (10.62) 19.72 16.81 (6.46) (4.05) 11.81 (10.51) 20.86 18.28 (c) Tax related to earlier years 0.76 0.76 (34.15) 0.76 0.76 (34.15) Tax expense/fbenefit) 48.04 46.20 103.46 94.24 149.02 186.60 49.01 46.60 104.38 95.61 150.27 188.29 7 Net Profit aftertax & share in profit/(loss) of 183.08 161.11 320.08 344.19 460.11 651.52 200.24 158.54 324.11 358.78 462.71 673.00 associates (5-6) Net Profit attributable to: (a) Owners of the company 183.08 161.11 320.08 344.19 460.11 651.52 200.24 158.53 324.07 358.77 462.62 672.78 (b) Non Controlling Interest -0.00 0.01 0.04 0.01 0.09 0.22 183.08 161.11 320.08 344.19 460.11 651.52 200.24 158.54 324.11 358.78 462.71 673.00 8 Other Comprehensive Income (a) Items that will not be reclasslfied to profit or 27.22 726.65 -493.88 753.87 73.86 -394.70 27.22 726.65 -493.87 753.87 73.86 -394.60 loss (b) Income tax effect on above (3.90) (104.29) 70.72 (108.19) (10.58) 49.06 (3.90) (104.29) 70.72 (108.19) (10.58) 49.04 q Total Comprehensive Income (7+8) 206.40 783.47 -103.08 989.87 523.39 305.88 223.56 780.90 -99.04 1,004.46 525.99 327.44 10 Paid-up equity share capital 79.70 79.70 79.70 79.70 79.70 79.70 79.70 79.70 79.70 79.70 79.70 79.70 (Face value of Rs 21- per Equity share) 11 Other equity excluding revalutlon reserve 12,031.78 12,186.75 Earnings per share 12(of Rs 2/-each)( for the period - not annuallsed): a Basic (In Rs) 4.60 4.04 8.04 8.64 11.55 16.35 5.02 3.98 8.13 9.00 11.61 16.88 b 1 Diluted (In Rs) 4.60 4.04 8.04 8.64 11.55 16.35 5.02 3.98 8.13 9.00 11.61 16.88 STAr VADmARA GUJARAT STATE FERTILIZERS & CHEMICALS LTD. P.O. FERTILIZERNAGAR, DIST. VADODARA - 391750 Statement of Unaudited Standalone and Consolidated Financial Results for Quarter and Half Year ended 30th September,2026 (Rs In crores) Standalone Consolidated Sr Unaudited 1 Unaudited 1 Unaudited Unaudited 1 Unaudited Audited Unaudited 1 Unaudited Unaudited Unaudited 1 Unaudited Audited Particulars No Quarter ended Half vear ended Year ended Quarter ended Half vear ended Year ended 30-SeD-26 30-Jun-26 30-SeD-25 30-SeD-26 30-SeD-25 31-Mar-26 30-SeD-26 30-Jun-26 30-SeD-25 30-SeD-26 30-SeD-25 31-Mar-26 1 Seament Revenue a) Fertilizer Products 3,907.78 2,946.76 2,521.86 6,854.54 4,140.62 8,423.04 3,937.37 2,948.51 2,569.32 6,885.88 4,200.84 8,541.29 b) Industrial Products 803.57 634.64 618.05 1,438.21 1,170.94 2,404.21 803.57 634.64 618.05 1,438.21 1,170.94 2,404.21 Total 4,711.35 3,581.40 3,139.91 8,292.75 5,311.56 10,827.25 4,740.94 3,583.15 3,187.37 8,324.09 5,371,78 10,945.50 Less : Inter Segment Revenue Revenue From Operations 4.711.35 3,581.40 3,139.91 8,292.75 5,311.56 10,827.25 4,740.94 3,583.15 3,187.37 8,324.09 5,371.78 10.945.50 2 Seament Result: (Profit (+1 / Loss (-1 before Tax and Finance cost I a) Fertilizer Products 16.62 120.57 224.43 137.20 361.87 435.61 34.75 118.41 229.38 153.16 365.72 458.79 b) Industrial Products 65.64 115.93 53.92 181.57 78.64 200.06 65.64 115.93 53.92 181.57 78.64 200.06 Total 82.26 236.51 278.35 318.77 440.51 635.67 100.39 234.34 283.30 334.73 444.36 658.85 Less : (i) Finance costs 14.79 10.19 1.79 24.98 9.33 14.46 14.79 10.19 1.79 24.98 9.33 14.47 : (il) Other unallocable expenses 5.82 45.13 (10.17) 50.95 (3.43) 46.19 5.82 45.13 (10.17) 50.95 (3.43) 46.19 : (ill) Unallocable Income (169.47) (26.12) (136.81) (195.59) (174.52) (263.10) (169.47) (26.12) (136.81) (195.59) (174.52) (263.10)^ Profit Before Tax 231.12 207.31 423.54 438.43 609.13 838.12 249.25 205.14 428.49 454.39 612.98 861.29 3 Segments assets a) Fertil [Showing first 8,000 characters — download PDF for full document]