State-owned Rashtriya Chemicals and Fertilizers Ltd (RCF) today posted 71 per cent drop in its standalone net profit to Rs 17.92 crore in the third quarter of the 2017-18 fiscal. Its net profit stood at Rs 61.85 crore in the same quarter of the last financial year, the company said in a regulatory filing. Net income rose to Rs 2,006.57 crore in the October- December period of this fiscal from Rs 1,701.72 crore in the year-ago period. Expenses remained higher at Rs 1,915.74 crore as against Rs 1,627.54 crore in the said period.
RCF Q3 net profit down 71 pc at Rs 17.92 cr
Press Trust of India |