State owned Rashtriya Chemicals and Fertilisers (RCF) is planning to commence construction of Thal unit’s third phase in Maharashtra from May 2013. The total cost of the project is around Rs 4,100 crore and funds for the same are expected to be generated internally.
The expansion at Thal unit will help the company to increase its urea production capacity to 3.3 million tonne from around two lakh tonne. The fertiliser major also plans to spend around Rs 6,300 crore over next five years on various projects.
RCF reported 37.13% rise in its net profit at Rs 73.98 crore for third quarter ended December 31, 2012 as compared to Rs 53.95 crore for the same quarter in the previous year. However, total income from operation of the company has decreased by 3.04% at Rs 1567.83 crore for quarter under review as compared to Rs 1617.05 crore for the quarter ended December 31, 2011.
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.
Company Name | CMP |
---|---|
Coromandel Interntl. | 1239.00 |
National Fertilizers | 100.50 |
Chambal Fert & Chem | 400.10 |
RCF | 145.70 |
Paradeep Phosphates | 71.78 |
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