Latest News | MCF Q1 Net Surges Two-folds to Rs 24.32 Cr
Get latest articles and stories on Latest News at LatestLY. Mangalore Chemicals and Fertilizers (MCF) on Monday reported a more than two-fold jump in net profit for the quarter ending June at Rs 24.32 crore compared to the same period of the previous financial year.
Mumbai, Aug 2 (PTI) Mangalore Chemicals and Fertilizers (MCF) on Monday reported a more than two-fold jump in net profit for the quarter ending June at Rs 24.32 crore compared to the same period of the previous financial year.
The company's net profit for the corresponding quarter of 2020-21, stood at Rs 11.01 crore, MCF said in a BSE filing.
Revenue from operations during the quarter under review increased 29.70 per cent to Rs 687.19 crore compared to Rs 529.79 crore in the same quarter of the previous fiscal.
Shares of the company on Monday closed at Rs 82.40, up 3.91 per cent on BSE.
(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)