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 Q2FY24 of ₹385.25 Crores down from ₹912.10 Crore year on year, a fall of 57.76%.
- Total Expenses for Q2FY24 of ₹390.71 Crores down from ₹884.11 Crores year on year, a fall of 55.81%.
- Consolidated Net Profit of ₹3.35 Crores down 85.99% from ₹23.92 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹0.21, down 85.81% from ₹1.48 in the same quarter of the previous year.