Rashtriya Chemicals & Fertilizers Ltd., an Indian government-owned chemicals & fertilizers manufacturer has reported financial results for the period ended March 31, 2020.
Q4 Results
The company’s net profit increased 201.91% to Rs 142.38 crores ($18.7 million) for the period ended March 31, 2020 as against net profit of Rs 47.16 crores ($6.2 million) for the period ended March 31, 2019.
Net sales grew by 15.84% to Rs 2661.91 crores ($350.3 million) during the period ended March 31, 2020 as compared to Rs 2297.94 crores ($302.4 million) during the period ended March 31, 2019.
Full-Year Results
For the full-year period ended March 31, 2020, the company’s net profit grew by 55.83% to Rs 207.13 crores ($27.3 million) as against Rs 132.92 crores ($17.5 million) for the full-year period ended March 31, 2019.
The company’s net sales increased 9.58% to Rs 9826.60 crores ($1.3 billion) during the full-year period ended March 31, 2020 as compared to Rs 8967.46 crores ($1.2 billion) during the full-year period ended March 31, 2019.
The company has reported EPS (earnings per share) of Rs 3.75 ($0.05) for the full-year period ended March 31, 2020 as compared to Rs 2.41 ($0.03) for the full-year period ended March 31, 2019.