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Mangalore Chemicals & Fertilizers Ltd Q2FY24; 398% rise in Revenue

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 Q2FY24 of ₹1,410.00 Crores up from ₹283.00 Crore year on year, a rise of 398.23%.
  • Total Expenses for Q2FY24 of ₹1,314.00 Crores up from ₹340.00 Crores year on year, a rise of 286.47%.
  • Consolidated Net Profit of ₹68.00 Crores from -₹32.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹5.71, from -₹2.72 in the same quarter of the previous year.
Tags: Chemicals
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