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Chambal Fertilisers gains after impressive Q1 performance

Capital Market 

The agro-chemical major's consolidated net profit rose 6.1% to Rs 164.44 crore on a 29.8% rise in net sales to Rs 2,871.11 crore in Q1 June 2019 compared with Q1 June 2018.

The company's stock rose 1.01% to Rs 149.40 at 10:11 IST on BSE. The result was announced on Saturday, 10 August 2019.

Meanwhile, S&P BSE Sensex was down 164.15 points or 0.44% at 37,417.76.

The company's EBITDA before exceptional items stood at Rs 543.89 crore for Q1 June 2019 as against Rs 285.07 crore in Q1 June 2018.

Chambal Fertilisers and Chemicals offers urea and di-ammonium phosphate (DAP). The company's segments include fertilisers and other agri-inputs segment, own manufactured phosphoric acid segment, shipping segment and software and others segment.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, August 13 2019. 10:22 IST