Latest News | National Fertilizers Ltd Net Profit Slumps 70 Pc in December Qtr

New Delhi, Feb 10 (PTI) State-owned National Fertilizers Ltd (NFL) on Monday posted a 70 per cent decline in its consolidated net profit to Rs 45.81 crore in the December quarter of the current fiscal on lower revenue.

The company had reported a net profit of Rs 150.90 crore in the year-ago period.

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Total revenue declined by 23 per cent to Rs 5,855.85 crore in the October-December quarter against Rs 7,584.27 crore in FY24, according to a regulatory filing.

Its expenses remained lower at Rs 5,842.01 crore during the said period compared to Rs 7,409.05 crore a year ago.

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(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)