Zuari agro reports net loss of Rs 40 cr in Q2

Total income declined by 9% Rs 1,421.80 during Q2, 2013-14

Press Trust of India New Delhi
Last Updated : Nov 12 2013 | 7:14 PM IST
Fertiliser company Zuari Agro Chemicals today reported net loss of Rs 39.80 crore for the second quarter ended on September 30, due to lower sales.

The company had clocked net profit of Rs 19.34 crore in the July-September quarter of last fiscal, 2012-13.

Total income declined by 9% Rs 1,421.80 during Q2, 2013-14, from Rs 1,564.61 crore in the year-ago period.

Also Read

The company, part of the Adventz group, has a manufacturing facility at Goa, with four plants dedicated to urea, DAP and NPK based fertilisers, with combined installed capacity of 11,00,000 metric tonne.

Zuari Agro scrip closed at Rs 101.55, down by 9.69%, on the BSE.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 12 2013 | 7:13 PM IST

Next Story