 "Q1 results: Net profit of 113 firms up 10.8%, sales growth at 10-qtr low")
Mangalore Chemicals and Fertilisers Ltd (MCFL) on Thursday posted a net profit of Rs 11.01 crore for the quarter ended June.
The company had reported a net loss of Rs 4.64 crore in the same quarter of previous fiscal, according to the regulatory filing.
Net income declined to Rs 535.34 crore in the April-June quarter from Rs 746.10 crore in the year-ago period.
Expenses in the said period also remained lower at Rs 517.68 crore as against Rs 745.97 crore in the year-ago quarter.
Shares of the company settled lower 0.14 per cent at Rs 35.80 apiece on the BSE.
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