29 May 2015

National Fertilizers Limited (NFL) Q4 FY2014-15 Results : Net loss of Rs 100.57 crore

National Fertilizers Limited (NFL), one of the premier manufacturers of nitrogenous fertilizers in the country, has posted a loss of Rs 100.57 crore in the fourth quarter (Q4) (ending Mar 2015) due to fall in sales. National Fertilizers Limited (NFL), a Public Sector Mini Ratna company is the largest Urea producing organization in the country with 5 units namely at Panipat (Haryana), Bathinda (Punjab), Naya Nangal (Punjab) and Vijaypur (M.P.)-2 Units.

The company informed the share market (BSE/NSE) that the total sales dipped to Rs 1,554.97 crore from Rs 1,973.25 crore in the same quarter previous year.

For the Audited full year 2014-15, 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.

Share’s Data :-
BSE Code : 523630
Face Value : Rs 10.00
52week H/L : Rs 47.90 - 25.45
Market Cap. : Rs 13.68 Crores
National Fertilizers Ltd. share’s CMP is Rs 27.55 on 29th May 2015.

Stay tuned to Fertilizer News Blog for more news on National Fertilizers Limited !

17 May 2015

Cabinet (CCEA) clears New Urea Policy 2015

The Cabinet Committee on Economic Affairs (CCEA) has cleared the New Urea Policy 2015 on last Thursday. The New Urea Policy 2015 has set a target of 2 million tonnes increment in urea production in the country. The New Urea Policy 2015 is focusing mainly to increase urea production in the country as there is a huge 8 million tonnes gap in supply-demand in urea. Indian urea fertilizer producing companies are producing around 22 million tonnes against the demand of 30 million tonnes. This gap of 8 million tonnes of urea is mainly filled by import of urea from other countries.

The government currently controls the urea price for farmers at Rs 268 per bag of 50 kg urea.

Stay tuned to Fertilizer News for more news on New Urea Policy 2015 !

31 March 2015

Vacancy/Government Jobs at Brahmaputra Valley Fertilizer Corporation Limited (BVFCL)

A leading public sector company Brahmaputra Valley Fertilizer Corporation Limited (BVFCL) is a Public Sector (PSU) fertilizer company under the administrative control of deptt. of Fertilisers (DOF), Govt of India, engaged in manufacture of Urea. BVFCL is the first factory of its kind in India to use associated natural gas as basic raw material for producing nitrogenous fertilizer urea.

The company is looking to appoint young and energetic Engineers and Professionals as Management Trainees in BVFCL Silchar.

Last Date : 17th Apr 2015

Various disciplines to apply for Management Trainees are giving in following table.....

Age requirement : Maximum age limit 30 years as on 01.01.2015, relaxable by 5 years for SC/ST categories, 3 years for OBC (Non-creamy layer) and 10 years for PH-General, 13 years for PH-OBC and 15 years for PH-SC categories.

Eligibility : Candidates must possess essential qualifications of BE/ B.Tech / PG degree / PGDM / MBA with 60% marks (55% marks for SC/ST/PH candidates) in respective discipline from UGC/AIU recognized University/Deemed University or AICTE approved Autonomous Institution.

For all the details about selection procedure, reservations, stipend, application fee etc. you have to visit companys website.

Website :- www.bvfcl.com

Important Dates to remember :-
Date of commencement of Online application : 25th March 2015
Last date of submission of the online application : 17th April 2015
Last date for receipt of the hard copy of the application : 8th May 2015

Stay tuned to Fertilizer News for more news on BVFCL recruitments !