RCF Q3 dips to PAT grows 25.9% at Rs98.71cr on lower raw material and power costs

Rashtriya Chemicals & Fertilizers reported -8% fall in total revenues for the Dec-20 quarter on consolidated basis at Rs2,047.88cr

Feb 05, 2021 10:02 IST India Infoline News Service

RCF, Rashtriya Chemicals & Fertilizers
Rashtriya Chemicals & Fertilizers reported -8% fall in total revenues for the Dec-20 quarter on consolidated basis at Rs2,047.88cr. The fertilizer segment saw a sharp fall in a yoy basis due to COVID related disruptions and the disruptions in one of its gas fired plants due to technical failure.


However, the industrials chemicals business saw a very growth of over 90% on a yoy basis. Trading business also remained tepid. The company had give peak profit performance in the Sep-20 quarter this fiscal.


For the Dec-20 quarter, the company reported 25.87% higher net profit at Rs98.71cr. This was largely on account of a cut in raw material costs and power costs in the Dec-20 quarter which more than made up for lower sales revenues. As a result, the PAT margins improved from 3.52% in the Dec-19 quarter to 4.82% in the Dec-20 quarter.



Financial highlights for Dec-20 compared yoy and sequentially
RCF Ltd
Rs in Crore Dec-20 Dec-19 YOY Sep-20 QOQ
Total Income (Rs cr) ₹ 2,047.88 ₹ 2,225.87 -8.00% ₹ 2,316.94 -11.61%
Net Profit (Rs cr) ₹ 98.71 ₹ 78.42 25.87% ₹ 103.88 -4.98%
Diluted EPS (Rs) ₹ 1.79 ₹ 1.42 ₹ 1.88
Net Margins 4.82% 3.52% 4.48%

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