NFL Q4 net loss widens to Rs 101 crore

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Press Trust of India New Delhi
Last Updated : May 27 2015 | 6:57 PM IST
State-run National Fertilisers Ltd's (NFL) net loss widens to Rs 100.57 crore in the fourth quarter ended March 31, due to fall in sales.
The company had clocked a net loss of Rs 9.80 crore in the same period in fiscal year 2013-14.
Net sales during March quarter dipped to Rs 1,554.97 crore from Rs 1,973.25 crore in the same quarter previous year.
For the full fiscal, the company reported a net profit of Rs 26.24 crore. In 2013-14 fiscal it has posted a net loss of Rs 89.71 crore.
NFL has five gas-based urea plants viz Nangal & Bathinda in Punjab, Panipat in Haryana and two plants at Vijaipur in District Guna, Madhya Pradesh.
The company has a total annual installed capacity of 35.68 lakh tonnes and is the second largest producer of urea in the country.
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First Published: May 27 2015 | 6:57 PM IST

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