Chambal Fertilisers posts 20% profit fall

Chambal Fertilisers & Chemicals, engaged primarily in manufacture and distribution of fertiliser, textiles and food processing, posted 20 per cent decline in the net profit at Rs 47.57 crore for the quarter ended September 30, 2008-09, as compared to Rs 59.34 crore in the corresponding period last year. Net sales of the company more than doubled at Rs 174.51 crore in the Q2, 2009, as compared to Rs 73.07 crore in the comparable period last year.

Zuari Industries, primarily engaged in the manufacture, sale and trading of fertilisers, seeds and pesticides, posted an increase of 22.89 per cent in its net profit at Rs 50.37 crore in the second quarter of the current financial year (FY) as compared to Rs 40.98 crore in the corresponding period last year. The company reported an income of Rs 2,094.51 crore for Q2, 2008-09, as compared to Rs 838.06 crore in the corresponding period last year.

Goa Carbon net profit at Rs 2.81 crore

Goa Carbon, a manufacturer of calcined petroleum coke, has posted a net profit of Rs 2.81 crore for the quarter ended 30 September, 2008-09, against the net loss of Rs 0.45 crore in the corresponding previous quarter. The company's net sales during the period stood at Rs 103.13 crore against Rs 40.16 crore last year, up 156.8 per cent.

"The improvement in figures comes on the back of the overall growth in business owing to increased demand from the domestic market for our products," said Shrinivas Dempo, chairman of the company. Goa Carbon’s domestic customers include Nalco, Hindalco, Indal, Malco and Balco.

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