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RCF soars after Q4 net profit spurts 202% to Rs 142 cr

Jun 01, 2020 - Business Standard India

Rashtriya Chemical & Fertilizers (RCF) surged 12.75% to Rs 45.10 after consolidated net profit surged 202% to Rs 142.38 crore on 15% increase in net sales to Rs 2606 crore in Q4 March 2020 over Q4 March 2019.

Profit before tax stood at Rs 200 crore in Q4 March 2020, surging 146% from Rs 81.38 crore in the same period last year. Total tax expenses rose 69% to Rs 57.85 crore in Q4 March 2020 over Q4 March 2019. The result was announced after market hours on Friday, 29 May 2020. Commenting on...