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Madras Fertilizers Ltd Q1FY24; 35% fall in Revenue

Madras Fertilizers Limited is engaged in the manufacturing of Urea and Complex Fertilizers. It is also involved in manufacturing Bio-fertilizers and trading eco-friendly Agro Chemicals, Organic Manure, and City Compost under the brand name ‘Vijay’.

Financial Results:

Madras Fertilizers Ltd reported Revenues for Q1FY24 of ₹529.00 Crores down from ₹813.00 Crore year on year, a fall of 34.93%.

Total Expenses for Q1FY24 of ₹567.00 Crores down from ₹732.00 Crores year on year, a fall of 22.54%.

Consolidated Net Profit of -₹34.00 Crores from ₹63.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹2.14, from ₹3.91 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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