Rashtriya Chemicals and Fertilizers (RCF) has reported results for second quarter ended September 30, 2016.
The company has reported 4.80% fall in its net profit at Rs 43.42 crore for the quarter under review as compared to Rs 45.61 crore for the same quarter in the previous year. Total income from operation of the company decreased by 26.26% at Rs 1772.13 crore for the quarter under review as compared Rs 2403.31 crore for the corresponding quarter previous year.
RCF, a Government of India Undertaking is a leading fertilizer and chemical manufacturing company with about 80% of its equity held by the Govt. of India. RCF manufactures Urea and Complex fertilizers (NPK) along with a wide range of Industrial Chemicals. Govt. of India has accorded 'Mini Ratna' Status to RCF.