The main business activities of Mangalore Chemicals and Fertilisers Limited (MCF) are the production, acquisition, and distribution of fertilisers. It is a division of the Adventz Group company Zuari Fertilisers and Chemicals Limited.
Financial Results:
- Mangalore Chemicals and Fertilisers Ltd. reported Total Income for Q4FY23 of ₹ 1,175 Crores up from ₹ 727 Crore year on year, a rise of 62%.
- Total Expenses for Q4FY23 of ₹ 1,083 Crores up from ₹ 722 Crores year on year, rise of 50%.
- Consolidated Net Profit of ₹ 68 Crores, up 1847% from ₹ 3.5 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹ 5.73, up 1876% from ₹ 0.29 in the same quarter of the previous year.