National Fertilizers posts loss of Rs23.08cr in Q3FY22

16 Feb 2022 , 04:19 PM

National Fertilizer Ltd. reported standalone and consolidated net sales of Rs5,091.71 crore in the quarter ended December 2021, as against Rs2,938.69 crore in the previous corresponding quarter, registering a growth of 73.26% yoy.

Its quarterly net profit for Q3FY22 dipped to Rs8.64 crore by 84.33% yoy against Rs55.13 crore in the previous corresponding quarter.

Consolidated quarterly net loss for Q3FY22 stood at Rs23.08 crore as against a profit of Rs52.89 crore for the previous corresponding quarter, down by 143.64% yoy.

The company’s EBITDA for the quarter ended December 2021 stood at Rs129.95 crore against Rs215.63 crore for the quarter ended December 2020, declining 39.73% yoy.

Its EPS also narrowed owing to lower net profits and operating EBITDA to Rs1.12 during the quarter ended December 2021.
National Fertilizers closed at Rs50.95, up by 75 paise or 1.49% against its previous closing price of Rs50.20. It touched today’s high of Rs51.65.