New Delhi, Nov 7 (PTI) State-owned Fertilisers and Chemicals Travancore Ltd (FACT) has posted a record profit of Rs 83.07 crore for the quarter ended September 30, 2020.

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"This is an all-time high operating profit reported in a quarter by the company. Profit during the same period last year was Rs 6.26 crore," an official statement said on Saturday.

FACT also reported a turnover of Rs 1,047 crore for the quarter, as compared to Rs 931 crore in the year-ago period, the statement said.

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During the quarter, the production and sales of FACTAMFOS, the company's flagship product, and ammonium sulphate surpassed all-time high quarterly records, it said.

FACT is a public sector company under the Ministry of Chemicals & Fertilisers.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)