Fertilizers & Chemicals Travancore slumped 5.92% to Rs 757.50 after the company reported 73.6% drop in consolidated net profit to Rs 8 crore in Q3 FY25 from Rs 30.32 crore in Q3 FY24.
Revenue from operations declined by 13.5% YoY to Rs 949.42 crore during the period under review.
Total expenses in the third quarter fell by 11.5% to Rs 991.74 crore as compared with the same period last year. Raw material costs and other expenses declined by 29.6% YoY and 3.2% YoY, respectively.
However, stock-in-trade purchases increased by 96% YoY and depreciation charges jumped by 129.5% YoY.
Profit before tax in Q3 FY25 stood at Rs 14.69 crore, down by 51.6% from Rs 30.32 crore in Q3 FY24.
Fertilizers & Chemicals Travancore (FACT) is engaged in the manufacturing of fertilizers, which is an essential input for agriculture.
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