Chambal Fertilisers and Chemicals Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2023
May 26, 2023 at 07:05 am EDT
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Chambal Fertilisers and Chemicals Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 35,986.7 million compared to INR 33,073.7 million a year ago. Revenue was INR 36,399.8 million compared to INR 33,316.7 million a year ago. Net income was INR 941 million compared to INR 2,435.7 million a year ago. Basic earnings per share from continuing operations was INR 2.26 compared to INR 5.85 a year ago. Diluted earnings per share from continuing operations was INR 2.26 compared to INR 5.85 a year ago.
For the full year, sales was INR 277,728.1 million compared to INR 160,688.3 million a year ago. Revenue was INR 279,405.7 million compared to INR 161,368.3 million a year ago. Net income was INR 10,342.2 million compared to INR 15,659.8 million a year ago. Basic earnings per share from continuing operations was INR 24.85 compared to INR 37.62 a year ago. Diluted earnings per share from continuing operations was INR 24.85 compared to INR 37.62 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.