Deccan Chronicle

MCFL Q3 net profit jumps 3-fold

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New Delhi: State-run Mangalore Chemicals & Fertilizer­s Ltd (MCFL) has reported a nearly three-fold jump in its net profit at `22.9 crore for the quarter ended December 2017. The manufactur­er of chemical fertilizer­s had posted a net profit of `7.7 crore during the same period of the previous fiscal, the company said in a statement. During the quarter, total revenue stood at `669 crore compared to `551 crore in the correspond­ing quarter last year. EBITDA for the quarter was `63.2 crore against `52.4 crore in the year-ago period.

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