NFL Net Profit Slumps 70% in December Quarter
National Fertilizers Ltd (NFL) reported a 70% decline in net profit to Rs 45.81 crore in the December quarter due to lower revenue. Total revenue decreased by 23% to Rs 5,855.85 crore.
New Delhi, Feb 10 (PTI) State-owned National Fertilizers Ltd (NFL) on Monday posted a 70 per cent decline in its consolidated net profit to Rs 45.81 crore in the December quarter of the current fiscal on lower revenue.
The company had reported a net profit of Rs 150.90 crore in the year-ago period.
Total revenue declined by 23 per cent to Rs 5,855.85 crore in the October-December quarter against Rs 7,584.27 crore in FY24, according to a regulatory filing.
Its expenses remained lower at Rs 5,842.01 crore during the said period compared to Rs 7,409.05 crore a year ago.
The company had reported a net profit of Rs 150.90 crore in the year-ago period.
Total revenue declined by 23 per cent to Rs 5,855.85 crore in the October-December quarter against Rs 7,584.27 crore in FY24, according to a regulatory filing.
Its expenses remained lower at Rs 5,842.01 crore during the said period compared to Rs 7,409.05 crore a year ago.
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