Chambal Fertilisers & Chemicals has reported results for the quarter ended December 31, 2011.
The company has posted a net loss of Rs 1.24 crore for the quarter ended December 31, 2011 as compared to net profit of Rs 107.42 crore in the corresponding previous quarter. Total income of the company increased by 31.74% to Rs 1805.20 crore from Rs 1370.27 crore for the same quarter last year.
The company has suffered net mark-to-market (MTM) losses of Rs 22.39 crore and Rs 0.19 crore for shipping and fertilizer division of the company respectively, on dollar interest rate swap transactions to convert floating rates loans to fixed rates.
