State-run National Fertilisers Ltd today reported a 12% fall in net profit at Rs 54.19 crore for the second quarter ended September 30.
The company had clocked a net profit of Rs 61.75 crore in the year ago period.
The total income from operations declined to Rs 2,255.77 crore in the July-September quarter from Rs 2,323.63 crore in the year ago period, as per company's regulatory filing.
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National Fertilisers Ltd has five gas-based urea plants, Nangal and Bathinda in Punjab, Panipat in Haryana and two plants at Vijaipur in District Guna, Madhya Pradesh.
The company has a total annual installed capacity of 35.68 lakh tonnes and is the second largest producer of urea in the country after IFFCO.