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Fertilizers & Chemicals Travancore Ltd Q1FY24; 47% fall in Profits

Fertilizers & Chemicals Travancore Ltd (FACT), incorporated in the year 1943, is the first large-scale fertiliser plant in India at Udyogamandal, Kochi, Kerala. The company is engaged in the manufacturing and selling of fertilizers, its by-products and Caprolactam. It is under the administrative control of the Department of Fertilizers, Ministry of Chemicals & Fertilizers, Government of India.


Financial Results:

  • Fertilizers & Chemicals Travancore Ltd reported Revenues for Q1FY24 of ₹1,233.00 Crores down from ₹1,292.00 Crore year on year, a fall of 4.57%.
  • Total Expenses for Q1FY24 of ₹1,154.00 Crores down from ₹1,179.00 Crores year on year, a fall of 2.12%.
  • Consolidated Net Profit of ₹72.00 Crores down 47.45% from ₹137.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹1.11, down 47.64% from ₹2.12 in the same quarter of the previous year.
Tags: fertilizers
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