Chambal Fertiliser posts Rs 1.2-cr loss in Q3

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Press Trust of India Mumbai
Last Updated : Jan 21 2013 | 1:39 AM IST

Chambal Fertilisers and Chemicals today reported a net loss of Rs 1.24 crore for the quarter ended December 31, 2011.

The company had reported a net profit of Rs 107.42 crore in the year-ago period, it said in a filing to the BSE.

Net sales of the company, however, rose by 32% to Rs 1,783.71 crore in the third quarter of the current fiscal from Rs 1,352.70 crore in the same period of the previous fiscal.

The total expenditure of the company rose by 39% to Rs 1,665.08 crore in the October-December 2011 quarter from Rs 1,195.54 crore in the year-ago period.

Chambal has two fertiliser (urea) manufacturing plants located in Kota district of Rajasthan with an annual capacity of about 2 million tonne.

Shares of the company were trading down 3.61% at Rs 78.80 in preclose session on the BSE.

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First Published: Jan 17 2012 | 3:52 PM IST

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