Chambal Fertilisers and Chemicals Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 06, 2024 at 03:39 am EST
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Chambal Fertilisers and Chemicals Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 43,485.7 million compared to INR 82,962.1 million a year ago. Revenue was INR 44,440.3 million compared to INR 83,190.7 million a year ago. Net income was INR 4,594.1 million compared to INR 3,240.3 million a year ago. Basic earnings per share from continuing operations was INR 11.04 compared to INR 7.79 a year ago. Diluted earnings per share from continuing operations was INR 11.04 compared to INR 7.79 a year ago.
For the nine months, sales was INR 153,233.7 million compared to INR 241,741.4 million a year ago. Revenue was INR 155,095.3 million compared to INR 243,005.9 million a year ago. Net income was INR 11,790.2 million compared to INR 9,401.2 million a year ago. Basic earnings per share from continuing operations was INR 28.33 compared to INR 22.59 a year ago. Diluted earnings per share from continuing operations was INR 28.33 compared to INR 22.59 a year ago.
Chambal Fertilisers and Chemicals Limited is an India-based company, which is engaged in the production of urea in its three plants located at Gadepan in Kota district of Rajasthan. The Companyâs segments include Own Manufactured and Complex, Crop Protection Chemicals and Specialty Nutrients, and Others. The Company is also engaged in marketing of other fertilizers and Agri-inputs, such as di-ammonium phosphate (DAP), muriate of potash (MOP), ammonium phosphate sulphate (APS), different grades of nitrogen, phosphorous and potassium (NPK) fertilizers, Sulphur, micronutrients, and agrochemicals. Its crop protection products include insecticides, fungicides, and herbicides. It caters to the needs of the farmers in approximately 10 states in northern, eastern, central, and western regions of India and is the fertilizer supplier in the state of Rajasthan, Madhya Pradesh, Punjab, and Haryana. Its subsidiaries include CFCL Ventures Limited and Chambal Infrastructure Ventures Limited.