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Mangalore Chemicals & Fertilizers reports net profit of Rs 5.80 crore in Q3

06 Feb 2013 Evaluate

Mangalore Chemicals & Fertilizers has reported results for third quarter ended December 31, 2012.

The company has reported a net profit of Rs 5.80 crore for the quarter as compared to a net loss of Rs 5.20 crore for the same quarter in the previous year.  However, total income of the company has decreased 33.99% at Rs 692.96 crore for quarter under review as compared to Rs 1049.74 crore for the quarter ended December 31, 2011.

Mangalore Chemicals & Fertilizers (MCF) incorporated in 1966; is the only manufacturer of chemical fertiliser in state of Karnataka. This Karnataka based company is Rs 1625 crore enterprise that manufactures products such as urea, di-ammonium phosphate, muriate of potash, granulated fertilizers, micronutrients, soil conditioners and specialty fertilizers.

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