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NFL's sulphur-based fertiliser sale jumps 2-folds in April-October

State-run National Fertilizers Ltd (NFL) on Monday said the sale of sulphur-based fertiliser rose more than two-folds to 26,456 tonne during April-October in this fiscal.

National Fertilizers

Press Trust of India  |  New Delhi 

Fertilizers, Farmers

State-run Ltd (NFL) on Monday said the sale of sulphur-based fertiliser rose more than two-folds to 26,456 tonne during April-October in this fiscal.

Its sale stood at 9,801 tonne in the same period last year, the company said in a regulatory filing.

The NFL attributed the sharp jump in the sale of sulphur-based fertilisers to the training programme conducted to encourage farmers to use non-urea fertilisers like Di-ammonium phosphate, NPK and sulphur-based fertilisers.

"With these efforts, the company has registered growth in the sale of all non-urea fertilizers during the first seven months of the current financial year," NFL said in the filing.

Out of the total sulphur-based fertilisers, the sale of Bentonite Sulphur, produced at the NFL Panipat plant, has increased to 11,730 tonne during the April-October period of this fiscal from 3,478 tonne in the year-ago period.

Sales of Single Superphosphate (SSP) have also risen to 14,726 tonne as compared with 6,323 tonne in the year-ago, it added.

The company's shares declined by 1.64 per cent to settle at Rs 29.95 apiece on the BSE on Monday.

(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: Mon, November 02 2020. 23:14 IST