RCFL net profit dips 12% to Rs 68 cr

Rashtriya Chemicals and Fertilizers Ltd today reported 12 per cent dip in its net profit at Rs 68.36 crore for the quarter ended December 31.

NEW DELHI: Rashtriya Chemicals and Fertilizers Ltd (RCFL) today reported 12 per cent dip in its net profit at Rs 68.36 crore for the quarter ended December 31.

The company had posted a net profit of Rs 77.78 crore in the year-ago period.

The total income of the company also declined by 5 per cent to Rs 1,533.55 crore during the third quarter of 2010-11 fiscal as against Rs 1,606.58 crore in the corresponding period of the previous year, according to a filing on the Bombay Stock Exchange.

The state-owned firm has two manufacturing units located at Trombay and Thal and it manufactures urea and complex fertilisers along with a wide-range of industrial chemicals.
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