Chambal Fertilisers Q2 net profit surges 36%

Chambal Fertilisers & Chemicals Ltd, a KK Birla Group company, has posted a net profit of Rs 64.61 crore for the second quarter ended September 30, 2009 as compared with Rs 47.56 crore shown during the corresponding quarter in 2008.

However, company’s total income for the quarter has decreased to Rs 978.12 crore from Rs 1,745.12 crore reported during the same quarter in 2008.

For the half-year period ended September 30, the company has announced a net profit of Rs 119.92 crore, a growth of 68 per cent compared to same period last fiscal.

The shares of Chambal Fertilisers settled on Wednesday at Rs 55 on BSE, down 3% compared to its previous close.