RCF Ltd Fertilizes Profits with 55% Surge

State-owned fertiliser company RCF Ltd experienced a profitable quarter, with a 55% surge in consolidated net profit amounting to Rs 78.96 crore for the quarter ending September 2024. This marks an increase from Rs 51.03 crore during the same period last year, as total income also rose.

State-owned enterprise RCF Ltd has announced a significant financial performance boost, recording a 55% rise in its consolidated net profit for the quarter ending in September 2024. The profit reached Rs 78.96 crore, up from Rs 51.03 crore in the previous year's corresponding quarter.

This economic upswing is complemented by an increase in total income, which climbed to Rs 4,332.16 crore, compared to Rs 4,222.14 crore recorded in the same period last year, as noted in a recent regulatory filing.

The robust performance underscores the company's strategic positioning in the fertiliser sector, bolstering its market presence amid evolving industry dynamics.

(With inputs from agencies.)