Financial Daily from THE HINDU group of publications
Friday, May 13, 2005
Financial Daily from THE HINDU group of publications Friday, May 13, 2005 |
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Corporate Results
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Fertilisers Rashtriya Chem net drops 9 pc Our Bureau
MUMBAI: Rashtriya Chemicals and Fertilizers Ltd has reported a nine-per cent fall in net profit for the fourth quarter ended March 31, 2005. The company has announced an annual dividend of 14 per cent. Fourth quarter net stood at Rs 60.45 crore or Rs 1.10 a share compared to Rs 66.56 crore or Rs 1.21 a share. Net sales were down four per cent to Rs 670.32 crore (Rs 699.82 crore). Other incomes rose to Rs 33.25 crore (Rs 17.46 crore). Total expenses for the quarter were down at Rs 574.51 crore (Rs 640.20 crore). For the year ended March 31, 2005, RCF Ltd reported a 16 per cent drop in net profit at Rs 140.96 crore (Rs 167.79 crore) while net sales stood at Rs 2,774.32 crore (Rs 2,300.34 crore).
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