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National Fertilisers posts Q1 net loss of Rs 121.43 cr on sluggish sales

Expenses, however, remained lower at Rs 5,251.10 crore, as against Rs 6,312.23 crore in the said period, the filing said

Q1 results, Q1 earnings
Illustration: Ajay Mohanty
Press Trust of India New Delhi
1 min read Last Updated : Aug 08 2023 | 7:28 PM IST

State-owned National Fertilisers Ltd on Tuesday posted a consolidated net loss of Rs 121.43 crore during the first quarter of this financial year on sluggish sales.

The company had posted a net profit of Rs 125.46 crore in the same quarter of the previous fiscal, the regulatory filing said.

Total income declined on a consolidated basis to Rs 5,051.23 crore during April-June quarter of the current financial year, from Rs 6,454.65 crore in the year-ago period.

Expenses, however, remained lower at Rs 5,251.10 crore, as against Rs 6,312.23 crore in the said period, the filing said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :Q1 resultsFertilizers

First Published: Aug 08 2023 | 7:28 PM IST

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