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Rashtriya Chemicals & Fertilizers Ltd Q1FY24; 77% fall in Profits

Rashtriya Chemicals & Fertilizers is a public sector undertaking (PSU) with 75% stake owned by GOI. Company is engaged in manufacturing and marketing of fertilizers and industrial chemicals.

Financial Results:

Rashtriya Chemicals & Fertilizers Ltd reported Revenues for Q1FY24 of ₹4,043.00 Crores down from ₹4,957.00 Crore year on year, a fall of 18.44%.

Total Expenses for Q1FY24 of ₹4,009.00 Crores down from ₹4,618.00 Crores year on year, a fall of 13.19%.

Consolidated Net Profit of ₹68.00 Crores down 77.33% from ₹300.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.23, down 77.35% from ₹5.43 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: Chemicals
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