National Fertilizers’ fourth quarter loss below rs 10 crore

National Fertilizers’ fourth quarter loss below rs 10 crore

Mumbai, Jun 10 (PTI) National Fertilizers Limited (NFL) on Thursday said its consolidated loss narrowed to Rs 9.53 crore in the March quarter of the financial year 2020-21.

NFL in a regulatory filing told BSE that the company’s loss stood at Rs 248.65 crore in the year-ago period.

The company’s operating income declined to Rs 2,961.17 crore during the quarter under review from Rs 3,014.43 crore in the same period last year.

For the full year 2020-21, NFL has made a consolidated profit of Rs 237.08 crore as against a loss of Rs 181.06 crore in the previous financial year.

Income from operations declined by 9.36 per cent to Rs 11,905.66 crore during the year as against Rs 13,135.36 crore in 2019-20.

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