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Mangalore Chemicals and Fertilizer Q2 net profit falls 28% to Rs 29 crore

The company on Tuesday reported a 28.57 per cent decline in its net profit

Topics
Mangalore Chemicals and Fertilisers | chemicals companies | Fertilizers

Press Trust of India  |  Mumbai 

chemical plant
The company's net profit had stood at Rs 40.56 crore during the corresponding period of the previous fiscal (Representational image)

Mangalore Chemicals and Fertilizer on Tuesday reported a 28.57 per cent decline in its net profit to Rs 28.97 crore for the September 2021 quarter.

The company's net profit had stood at Rs 40.56 crore during the corresponding period of the previous fiscal, Mangalore Chemicals and Fertilizer said in a BSE filing.

Its revenue from contracts with customers during July-September 2021 went up by 5.67 per cent to Rs 727.81 crore, compared with Rs 688.73 crore in the year-ago period.

Shares of Mangalore Chemicals and Fertilizer on Tuesday closed at Rs 630.75 apiece, up 0.89 per cent on the BSE.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Tue, November 09 2021. 21:53 IST
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