Moneycontrol PRO
HomeNewsBusinessEarningsChambal Fertilisers Q1 profit up 28% on strong revenue

Chambal Fertilisers Q1 profit up 28% on strong revenue

Net income rose on a consolidated basis to Rs 3,547.01 crore in the April-June quarter of 2021-22 financial year from Rs 3,226.12 crore in the year-ago period.

August 04, 2021 / 18:48 IST
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Chambal Fertilisers and Chemicals Ltd (CFCL) on Wednesday posted a 28 per cent jump in its consolidated net profit at Rs 381.32 crore in the first quarter of the current fiscal on strong revenue.

The company had posted a net profit of Rs 298.38 crore in the same quarter of the previous fiscal, according to the BSE filing.

Net income rose on a consolidated basis to Rs 3,547.01 crore in the April-June quarter of 2021-22 financial year from Rs 3,226.12 crore in the year-ago period.

Expenses remained higher at Rs 3,062.10 crore as against Rs 2,777.06 crore in the said period.

Chambal Fertilisers said it is continuously monitoring the situation arising on account of the COVID-19 pandemic considering both internal and external factors and taking appropriate measures in this regard.

The company's production, dispatches, sales, and market collections remained unaffected, it said.

"There is no impact of C-19 on these financial results and the company has been able to operate its plants at normal levels," it added.

Shares of the company closed down by 0.42 per cent at Rs 317.70 apiece on the BSE on Wednesday.

PTI
first published: Aug 4, 2021 06:48 pm

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!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347