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Mangalore Chemicals & Fertilizers Ltd Q1FY24; 113% rise in Profits

Mangalore Chemicals and Fertilizers Limited (MCF) is primarily engaged in the manufacture, purchase, and sale of fertilizers. It is a subsidiary of Zuari Fertilisers and Chemicals Limited, an Adventz Group.

Financial Results:

Mangalore Chemicals & Fertilizers Ltd reported Revenues for Q1FY24 of ₹958.00 Crores down from ₹1,021.00 Crore year on year, a fall of 6.17%.

Total Expenses for Q1FY24 of ₹889.00 Crores down from ₹990.00 Crores year on year, a fall of 10.2%.

Consolidated Net Profit of ₹49.00 Crores up 113.04% from ₹23.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹4.16, up 116.67% from ₹1.92 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: Fertiliser
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