Rashtriya Chemicals’s Q1 net profit tumbles 80%

20 Jul 2011

Rashtriya Chemicals and Fertilizers (RCF) has reported results for the first quarter ended June 30, 2011.

The company’s net profit for the quarter has declined by 79.98% at Rs 3.96 crore as compared to Rs 19.78 crore for the quarter ended June 30, 2010. Its total income has increased by 9.59% to Rs 879.37 crore for the quarter under review from Rs 802.40 crore for the corresponding quarter of the previous year.

RCF is one of the leading producers of fertilizers in India. Sujala, Suphala 15:15:15, Suphala 20:20:0, Ujjwala, Microla and Biola are its major fertilizer brands. 

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