Chambal Fertiliser posts Rs 1.2-cr loss in Q3

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Chambal Fertilisers and Chemicals today reported a net loss of Rs 1.24 crore for the quarter ended December 31, 2011.

The company had reported a net profit of Rs 107.42 crore in the year-ago period, it said in a filing to the BSE.

Net sales of the company, however, rose by 32% to Rs 1,783.71 crore in the third quarter of the current fiscal from Rs 1,352.70 crore in the same period of the previous fiscal.

The total expenditure of the company rose by 39% to Rs 1,665.08 crore in the October-December 2011 quarter from Rs 1,195.54 crore in the year-ago period.