Fertilisers and Chemicals Travancore net loss at Rs 26.26 crore in July-September quarter

Fertilisers and Chemicals Travancore (FACT) today reported a net loss of Rs 26.26 crore for the quarter ended September 30.

NEW DELHI: Fertilisers and Chemicals Travancore (FACT) today reported a net loss of Rs 26.26 crore for the quarter ended September 30.

The public sector undertaking (PSU) had posted a net loss of Rs 6.41 crore in the year-ago period, it said in a BSE filing.

Net sales of the company fell to Rs 712.40 crore in the second quarter this fiscal from Rs 727.78 crore in the same quarter of 2011-12 fiscal.

FACT manufactures urea and complex fertilisers. It also produces petrochemicals and provides engineering solutions for establishing petrochemicals, pharmaceuticals, refining plants.

Shares of the company today fell by 0.71 per cent to settle at Rs 27.80 apiece on the BSE.
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