Nagarjuna Fertilizers and Chemicals Ltd., a commodity chemicals manufacturer based in India announced its results for the second quarter ended September 30, 2021.
Q2 Results- QoQ
The company reported a net loss of Rs 1.42 billion for the period ended September 30, 2021 as against net loss of Rs 2.31 billion for the previous quarter.
Net sales increased 7.9% to Rs 6.97 billion during the period ended September 30, 2021 as compared to Rs 6.45 billion during the previous quarter.
Q2 Results- YoY
The company reported a net loss of Rs 1.42 billion for the period ended September 30, 2021 as against net loss of Rs 2.25 billion for the prior-year quarter.
Net sales increased 142.6% to Rs 6.97 billion during the period ended September 30, 2021 as compared to Rs 2.87 billion during the prior-year quarter.
Half-Year Results- YoY
The company reported a net loss of Rs 3.74 billion for the 6 months period ended September 30, 2021 as against net loss of Rs 3.1 billion for the prior-year 6 months period.
Net sales increased 77.9% to Rs 13.42 billion during the 6 months period ended September 30, 2021 as compared to Rs 7.54 billion during the prior-year 6 months period.
Nagarjuna Fertilizers and Chemicals Ltd is engaged in the business of manufacture and selling industrial and agricultural chemicals, crop nutrients and fertilizers.