Mangalore Chemicals and Fertilisers Ltd (MCFL) today reported nearly five-fold increase in net profit at Rs 27.95 crore for the third quarter ended on December 31 on account of higher sales.
It had clocked a net profit of Rs 5.80 crore in the same period last fiscal, the company said in a BSE filing.
Total income during October-December period in the current fiscal rose to Rs 840.50 crore as compare to Rs 692.66 crore in the same period in 2012-13.
In the UB group's promoted firm MCFL, Zuari Fertilizers and Deepak Fertilizers hold 24.4 per cent and 16.4 per cent, respectively.
Shares of the company today closed at Rs 61.50 apiece on BSE today down by 0.08 per cent.
