06 March 2013

National Fertilizers Limited (NFL) Q3 FY12-13 Results : Profit slips into Red

National Fertilizers Limited (NFL), one of the premier manufacturers of nitrogenous fertilisers in the country, has posted a net loss in period Q3 (ending Dec 12) of the current fiscal (FY12-13). This loss is due to modernization-cum-expansion-related shut-down of Panipat and Bhatinda plants. In these plants of NFL, feedstock changeover projects are going on and scheduled for completion in the last quarter of current financial year.

The company has posted a net loss of Rs 12.42 crore in Q3 of FY12-13, as compared to net profit of Rs 54.75 crore earned in the corresponding period of previous year. The net sales declined to Rs 1818.38 crore from Rs 2043.36 crore.

Share’s Data :-
BSE Code : 523630
Face Value : Rs 10.00
52week H/L : Rs 96.00 - 57.50
Market Cap. : Rs 2,973.04 Crores
National Fertilizers Ltd. share’s CMP is Rs 60.60 on 6th March 2013.

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