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Fertilizers & Chemicals Travancore Ltd Q3FY24; 82% 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 Q3FY24 of ₹1,097.00 Crores down from ₹1,722.00 Crore year on year, a fall of 36.3%.

Total Expenses for Q3FY24 of ₹1,121.00 Crores down from ₹1,592.00 Crores year on year, a fall of 29.59%.

Consolidated Net Profit of ₹30.00 Crores down 81.93% from ₹166.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.47, down 81.64% from ₹2.56 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.

Tags: fertilizers
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