National Fertilizers Achieves Record Fertilzer Sales in Q1 FY20-21

National Fertilizers has achieved highest-ever fertilizer sale of 1,285,000 MT in first quarter (April-June) of this financial year. This is about 21.5% higher than the sales of 1,057,000 MT made by company in the first quarter of 2019-20.

Other than significant growth in Urea sale, P&K fertilizers also recorded a growth of 13% during the quarter. In the month of June, 2020, the company sold 530,000 MT of fertilizers, up by 15.5% than the 459,000 MT sold in the same month previous year.

About National Fertilizers Limited (NFL): NFL is engaged in producing and marketing urea, neem coated urea, bio-fertilizers (solid and liquid) and other allied industrial products. As of 31 March 2020, the Government of India holds 74.71% stake in the company.