RCF Q4FY18 profit declines 45.5 per cent

Rashtriya Chemicals & Fertilizers Ltd. reported its results for the quarter ended March 31, 2018.

The company’s standalone revenue for the quarter came in at Rs 1970.93 crore, registering a decline of 11.1 per cent yoy.

Its EBITDA for the quarter fell by 77.4 per cent yoy to Rs 24.84 crore, with a corresponding margin contraction of 369 bps. The EBITDA margin for the quarter stood at 1.3 per cent.

The PAT for the quarter came in at Rs 29.54 crore, a decline of 45.5 per cent yoy.

Looking at the full year numbers, we see that the revenue jumped by one per cent to reach Rs.7318.63 crore, while its EBITDA fell by 36 per cent to Rs 266.73 crore. The company reported net profit of Rs.78.8 crore, down 56 per cent yoy.

The company's board of directors has recommended a final dividend of Rs. 0.60 per equity share of the face value of Rs 10 each.

On Monday, the stock opened at Rs. 71.35 and made an intra-day high of Rs 75.40 and finally closed at Rs 74.25, on the BSE.