It was a subdued third quarter for Rashtriya Chemicals and Fertilizers. Revenue growth fell 4% and EBITDA margins also contracted to 4% due to losses of Rs 29 crore in their trading segment.
In an exclusive interview to CNBC-TV18, RG Rajan, chairman and managing director of the company said that the trading loss was due to foreign exchange fluctuations.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!