Fertilizer firm RCF Q2 profit surge to Rs 17.8 crore

Total income rose to Rs 2,337.54 crore during the second quarter of this fiscal from Rs 1,812.03 crore in the corresponding period of the previous year.

Devdiscourse news desk| New Delhi | India

Updated: 12-11-2018 15:44 IST | Created: 12-11-2018 15:22 IST

Its net profit stood at Rs 10.79 crore in the year-ago period, Rashtriya Chemicals & Fertilizers (RCF) said in a regulatory filing. (Image Credit: Twitter)

State-owned fertiliser firm RCF Monday reported a 65 per cent increase in its net profit at Rs 17.80 crore for the quarter ended September on higher sales.

Its net profit stood at Rs 10.79 crore in the year-ago period, Rashtriya Chemicals & Fertilizers (RCF) said in a regulatory filing.

Total income rose to Rs 2,337.54 crore during the second quarter of this fiscal from Rs 1,812.03 crore in the corresponding period of the previous year.

Shares of the company were trading at Rs 62.95, up 0.48 per cent over its previous close in BSE.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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