NFL's Fertilizer Sales Jump 71% To 3.62 Lakh Tonnes in April

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Capital Market
Last Updated : May 11 2020 | 3:50 PM IST

National Fertilizers, a PSU under the ministry of Chemicals and Fertilizers registered a 71 percent growth in fertilizer sale in the month of April 2020. Despite the stringent restrictions in country in April due to COVID-19 lockdown Company recorded fertilizer sale of 3.62 Lakh MT in April' 20 compared to 2.12 Lakh MT in the same period last year. Company had to face lot of logistics hurdles due to lockdown but despite that it left no stone unturned to make fertilizers available to farmers during this crucial period.

NFL produces urea at its five plants located at Nangal and Bathinda in Punjab, Panipat in Haryana and two plants at Vijaipur in M.P. Though the company has a production capacity of 35.68 Lakh MT of urea. With all these products, the company has recorded highest-ever sale of 57 Lakh MT in 2019-20, continuously for the fifth time in a row. Maintaining optimum operations of these plants in difficult times is a big success story especially towards fulfilling Government's commitment to the farming community of the country.

Apart from this to support the efforts of Government to fight COVID-19, NFL employees' have not only contributed one day's salary of Rs. 88 Lakh towards PM CARES Fund, but have also contributed an amount of Rs. 63.94 Lakhs under CSR towards PM CARES Fund for the same objective. With this, the company has contributed total amount of Rs. 1.52 crores towards PM CARES FUND.

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First Published: May 11 2020 | 9:30 AM IST

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