State-owned Rashtriya Chemicals and Fertilizers Ltd (RCF) on November 12 posted a 123 percent rise in net profit at Rs 261.9 crore for the second quarter of the current fiscal (Q2 FY23) that ended on September 30, against Rs 117.9 crore in the same period of the previous fiscal.
Total income increased to Rs 5,575.9 crore during the July-September quarter from Rs 2,612.4 crore in the year-ago period, the company said in a regulatory filing.
Expenses rose to Rs 5,286.3 crore as against Rs 2488.3 crore year-on-year.
EBITDA stood at Rs 404.9 crore vs Rs 186.8 crore (YoY) with a margin of 7.26 percent vs 7.15 percent (YoY).
The company's statement mentioned that as per its assessment, there is no material operational and financial impact on account of an explosion that took place on October 19 this year during installation and commissioning of a new AC Unit in the control room of the GTG Plant of RCF Thal Unit.
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