X

Rama Phosphates Ltd Q1FY24; 98% fall in Profits

Rama Phosphates is engaged in manufacturing phosphatic fertilisers, viz., SSP, fortified fertilisers, namely boronated SSP, as well as sulphuric acid and its derivatives. It also has a soya oil division engaged in extraction of soya oil. RPL markets its fertilisers under the brands, ‘Suryaphool’ and ‘Girnar’ in the states of Maharashtra, Madhya Pradesh, Rajasthan, Karnataka, Gujarat, Uttar Pradesh and Haryana.

Financial Results:

Rama Phosphates Ltd reported Revenues for Q1FY24 of ₹129.33 Crores down from ₹174.69 Crore year on year, a fall of 25.97%.

Total Expenses for Q1FY24 of ₹128.98 Crores down from ₹154.46 Crores year on year, a fall of 16.5%.

Consolidated Net Profit of ₹0.33 Crores down 97.87% from ₹15.47 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.19, down 97.83% from ₹8.74 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
Related Post