State-owned PSU National Fertilizers Ltd (NFL) recorded a 70% decline in consolidated net profit, posting Rs. 45.81 crore for the December quarter of FY25, down from Rs. 150.90 crore in the same period last year. The sharp drop was attributed to lower revenue during the quarter.
Total revenue fell by 23% to Rs. 5,855.85 crore, compared to Rs. 7,584.27 crore in Q3 FY24, as per a regulatory filing. However, expenses also saw a decline, standing at Rs. 5,842.01 crore, down from Rs. 7,409.05 crore a year ago.
Despite the decline in profits, NFL remains a key player in India’s fertilizer sector, contributing to agricultural growth and food security.
National Fertilizers Limited (NFL) is a state-owned enterprise under the Ministry of Chemicals and Fertilizers, specializing in the production and marketing of urea and other fertilizers. As one of India’s leading fertilizer manufacturers, NFL plays a crucial role in supporting agriculture and food security across the country.
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