Latest News | National Fertilizers Q4 Loss at Rs 10 Cr

Get latest articles and stories on Latest News at LatestLY. National Fertilizers Ltd (NFL) on Thursday reported narrowing of consolidated loss at Rs 9.53 crore for March quarter 2020-21.

Mumbai, Jun 10 (PTI) National Fertilizers Ltd (NFL) on Thursday reported narrowing of consolidated loss at Rs 9.53 crore for March quarter 2020-21.

The company had reported a loss of Rs 248.65 crore in the year-ago period, NFL said in a BSE filing.

Revenue from operations during the quarter under review declined to Rs 2,961.17 crore from Rs 3,014.43 crore in the corresponding period of 2019-20.

For the year 2020-21, NFL reported a consolidated profit of Rs 237.08 crore compared to a loss of Rs 181.06 crore in the previous financial year.

Revenue from operations during the year fell 9.36 per cent at Rs 11,905.66 crore compared to Rs 13,135.36 crore in 2019-20.

Shares of the company on Thursday closed at Rs 71.35 apiece, up 0.49 per cent on BSE. PTI SM

(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)

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