RCF Q3 Results To Be Announced Soon — Check Key Details Here

State-owned Rashtriya Chemicals and Fertilizers Ltd. is set to join the list of companies releasing their Q3 earnings this week. The company has already informed the bourses about the schedule for releasing its financial statements for the third quarter. 

RCF is a leading government-owned and controlled fertiliser and chemical manufacturer. It was incorporated in 1978 after the reorganisation of the erstwhile Fertilizer Corporation of India Ltd. In addition to fertilisers, RCF produces industrial chemicals used in the manufacture of dyes, solvents, leather, pharmaceuticals, and a host of other industrial products.

The Navratna public sector undertaking has a total market capitalisation valued at over Rs 8,000 crore. 

Here’s all you need to know about the upcoming RCF Q3 results.

Rashtriya Chemicals and Fertilizers Ltd. in an exchange filing on Feb. 4 said that its board will meet on Feb. 12, Wednesday to consider and approve the company's financial statements for the quarter and nine months ending Dec. 31, 2024. 

"Notice is hereby given that the Meeting of the Board of Directors of the Company will be held on Wednesday, February 12, 2025, inter-alia, to consider and approve the Un-Audited Financial Results for the third quarter and nine months ended December 31, 2024," it stated.

As per the SEBI guidelines, the trading window for dealing in RCF securities for designated persons and their immediate relatives will remain suspended until Feb. 14.

Shares of Rashtriya Chemicals and Fertilizers Ltd. have nosedived over 11% over the past five trading sessions on the NSE. The stock has fallen 9% in a month while dipping 29% in the last six months. Over the last year period, the share price of RCF has declined 4.38%.  

Rashtriya Chemicals and Fertilizers Ltd. reported a healthy financial performance in the second quarter of the current fiscal year. The company recorded a 55% year-on-year rise in net profits to Rs 79 crore, compared to Rs 51 crore in the previous period.

Revenue from operation also registered a growth of 3.2% YoY to Rs 4,290 crore in Q2 up from Rs 4,155.2 crore in the year-ago period. Ebitda surged over 90% YoY to Rs 202 crore from Rs 106 crore in the corresponding quarter of the last financial year.

Ebitda margins expanded to 4.7% in Q2 from 2.6% in the year-ago period.