National Fertilizers stock soars over 8.50% after firm returns to profitability in December quarter

National Fertilizers Share Price: National Fertilizers Ltd stock made a flying start to the trading session on BSE on Thursday (February 15, 2024) after the company returned to profitability in the December quarter.

The stock of the fertiliser company was soaring higher by 8.59 per cent, or Rs 8.50, at Rs 107.40 at 10:22 am on Thursday.

The National Fertilizers stock closed the trading session on Wednesday at Rs 98.90 before the company reported its third quarter results. The stock opened at Rs 100.80 and reached the day's high of Rs 113.00.

The stock's low for the day is Rs 100.80. The stock's 52-week high is Rs 130.45, while its 52-week low is Rs 59.70.

National Fertilizers Q3 results

The company's consolidated profit after tax turned from negative in the September quarter to positive in the December quarter.

The company made a loss of Rs 87.10 crore in the September quarter, while its profit in the December quarter turned out to be Rs 150.90 crore.

The company's revenue from operations in the December quarter was Rs 7580.93 crore compared to Rs 5659.64 crore in the September quarter.