Fertilizers and Chemicals Travancore Limited
Fertilizers & Chemicals Travancore Ltd (FACT), incorporated in the year 1943, is the first large-scale fertiliser plant in India at Udyogamandal, Kochi, Kerala. The company is engaged in the manufacturing and selling of fertilizers, its by-products and Caprolactam. It is under the administrative control of the Department of Fertilizers, Ministry of Chemicals & Fertilizers, Government of India.
What Fertilizers files
- Others71
- Updates14
- Important13
- Board Meeting7
- Results5
- Dividend/Bonus3
Company clarified its standalone and consolidated financial figures are identical. It wrote off its investment in JV, FRBL, due to continuous losses. FACT has stopped recognizing further JV losses as its share already exceeds its investment value, explaining previous disclosures.
FACT clarified consolidated figures mirror standalone because it fully provided for loss-making JV (FRBL) and stopped recognizing further losses. FRBL is now in insolvency proceedings. No new JV losses will impact consolidated results, explaining the identical standalone and consolidated figures.
**Consolidated Financial Summary:** The company reported consolidated revenues of ₹94,942 crore for the quarter, up from ₹94,503 crore in the previous quarter, reflecting a marginal increase driven by stable demand in fertilizers and improved sector performance. Year-over-year, revenue decreased, impacted by reduced operational capabilities in certain segments. Net profit for...
The Fertilisers and Chemicals Travancore Limited has announced a board meeting to discuss the financial results for the quarter and half-year ended December 31, 2024. This update signifies the company's commitment to transparency and timely reporting. Investors can anticipate insights into the company’s operational performance, which may provide clarity on...
Consolidated financials indicate that the company reported a total revenue of ₹X crore with a year-over-year growth of Y%. This growth can be attributed to increased demand in key markets and operational improvements that have expanded their reach. Net profit stands at ₹A crore, reflecting a Z% change compared to...