UR Associates has come out with its report on agri sector. According to the research firm, Rashtriya Chemicals and Fertilisers (RCF) will invest Rs 40 billion in next three years to ramp up its urea capacity at Thal plant near Mumbai. The selection process for lumpsum turnkey contractors (LSTK) for main plants has been completed.
Man Industries was out with its Q3 results. Its Q3 FY11 standalone total income was up 0.13% at Rs.439.86 crore versus Rs 439.31 crore, YoY. Its PAT was down 17% at Rs 26 crore versus Rs 31 crore, YoY.