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Chambal Fertilisers & Chemicals Ltd Q2FY24; 39% rise in Profits

Chambal Fertilisers & Chemicals Ltd is engaged in production of Urea from its own manufacturing plants. It also markets/ deals in other fertilisers and agri-inputs. It also has a Joint Venture for manufacture of Phospohric Acid in Morocco.
The company was also engaged in Software business, However, in FY21, it sold assets and transferred certain liabilities of the business to cease the operations of the software business.

Financial Results:

Chambal Fertilisers & Chemicals Ltd reported Revenues for Q2FY24 of ₹5,386.00 Crores down from ₹8,587.00 Crore year on year, a fall of 37.28%.

Total Expenses for Q2FY24 of ₹4,895.00 Crores down from ₹8,305.00 Crores year on year, a fall of 41.06%.

Consolidated Net Profit of ₹381.00 Crores up 39.05% from ₹274.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹9.15, up 38.85% from ₹6.59 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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