Chambal Fert Q1 net rises 47% to Rs. 113 crore
HT Correspondent, Hindustan Times New Delhi
KK Birla group company Chambal Fertilisers and Chemicals Ltd (CFCL) on Wednesday reported a 46.6% year-on-year rise in net profit to Rs. 112.98 crore during the April-June quarter due to an increase in sales.
CFCL’s net income rose 24% to Rs. 1,689.62 crore during the quarter under review.
Sales increased to Rs. 1,687.21 crore during the quarter against Rs. 1,364.63 crore a year ago.
The company has invested Rs. 20.84 crore in its wholly-owned subsidiary CFCL Overseas Ltd, Cayman Islands, during the quarter.
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