Chambal Fertilisers rises 3% after Q4 earnings

New Delhi Shares of Chambal Fertilisers and Chemicals (CFCL) on Tuesday closed over 3 per cent higher after the company reported a surge in consolidated profit for the quarter ending March 31. The stock jumped 9.35 per cent to Rs 244.25 on the BSE during the day. It closed at Rs 231, a gain of 3.43 per cent. On the NSE, it closed with a jump of 3.37 per cent at Rs 231.15. In traded volume terms, 3.51 lakh shares were traded at the BSE and over 80.46 lakh units at the NSE during the day. Chambal Fertilisers and Chemicals on Monday reported a surge in consolidated profit for the quarter ending March 31 at Rs 541.75 crore compared to the same period of the previous financial year.

The company's consolidated net profit stood at Rs 201.07 crore during the corresponding quarter of 2019-20, CFCL said in a BSE filing. Its total revenue from operations for the quarter under review witnessed a decline of 16.67 per cent at Rs 1,640.76 crore as compared to Rs 1,969.09 crore in the same period of the financial year 2019-20. For the full year, the company reported 42.59 per cent growth in profit at Rs 1,747.59 crore compared to 1,225.56 crore in 2019-20. Total revenue from operation for the year 2020-21 went up by 4.20 per cent to Rs 12,719.01 crore as compared to Rs 12,205.95 crore in the previous fiscal.