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Mangalore Chemicals to restart ammonia plant by 15th January
Mangalore Chemicals and Fertilizers (MCF) is planning to restart its ammonia plant by 15th January. The plant had been shut down since 27th December due to a technical issue.
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Mangalore Chemicals Q3 net profit rises 27% to Rs 128 crore
Mangalore Chemicals and Fertilisers (MCF) reported a 27% increase in its net profit to Rs 128 crore for the quarter ended December 2022, compared to Rs 101 crore in the corresponding quarter of the previous year.
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Mangalore Chemicals to invest Rs 1,200 crore in capacity expansion
Mangalore Chemicals and Fertilizers (MCF) is planning to invest Rs 1,200 crore in a capacity expansion project. The project is expected to be completed by 2026.
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MCF profit more than doubles to Rs 545 crore in Q3FY23
Mangalore Chemicals & Fertilisers (MCF) has reported a more than doubling of its net profit to Rs 544.66 crore in the third quarter of the current financial year (Q3FY23), as against Rs 258.23 crore in the year-ago period.
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MCF to invest Rs 1,000 crore in green hydrogen projects
Mangalore Chemicals & Fertilisers (MCF) is planning to invest Rs 1,000 crore in green hydrogen projects over the next three years, as part of its commitment to sustainability and reducing its carbon footprint.
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MCF's Q2FY23 net profit rises 54% to Rs 325 crore
Mangalore Chemicals & Fertilisers (MCF) on Tuesday reported a 54 per cent rise in its net profit to Rs 325.47 crore for the second quarter ended September 30, 2022, on the back of higher sales.
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Mangalore Chemicals & Fertilisers Records Highest Quarterly Urea Sales in Q4 FY23
Mangalore Chemicals & Fertilisers Ltd. (MCFL), a leading player in the Indian fertiliser industry, has reported its highest-ever quarterly urea sales volume in Q4 FY23. The company sold 4.12 lakh MT of urea during the quarter, surpassing the previous record of 4.08 lakh MT achieved in Q2 FY23.
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MCFL's Quarterly Net Profit Jumps 16% to Rs 205.3 Crore
Mangalore Chemicals & Fertilisers Ltd. (MCFL) has announced a 16% year-on-year increase in its net profit to Rs 205.3 crore for the fourth quarter of fiscal 2023 (Q4 FY23). The company's net profit stood at Rs 176.5 crore in the corresponding quarter of the previous fiscal.
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MCFL Inks MoU with HMEL for Green Ammonia Production
Mangalore Chemicals & Fertilisers Ltd. (MCFL) has signed a Memorandum of Understanding (MoU) with Hindustan Mittal Energy Ltd. (HMEL) to jointly explore the production of green ammonia. Green ammonia is considered a promising alternative to traditional fossil fuel-based ammonia in the fertiliser industry.
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Mangalore Chemicals & Fertilisers Ltd (MCFL) shares rally over 6% on commissioning of phosphoric acid plant
Mangalore Chemicals & Fertilisers Ltd (MCFL) shares rallied over 6% on Friday after the company announced the commissioning of its new phosphoric acid plant at its Mangalore facility.
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Mangalore Chemicals & Fertilisers Ltd (MCFL) Q3 results: Net profit rises 26% to Rs 93.3 crore
Mangalore Chemicals & Fertilisers Ltd (MCFL) reported a 26% increase in its net profit to Rs 93.3 crore for the quarter ended December 2022, as compared to Rs 73.9 crore in the same quarter last year.
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Mangalore Chemicals & Fertilisers Ltd (MCFL) to invest Rs 600 crore in new phosphoric acid plant
Mangalore Chemicals & Fertilisers Ltd (MCFL) plans to invest Rs 600 crore in setting up a new phosphoric acid plant at its Mangalore facility.
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Mangalore Chemicals & Fertilizers share price rises 5% as company declares interim dividend
Mangalore Chemicals & Fertilizers (MCF) share price rose 5% in early trade on Monday after the company declared an interim dividend of Rs 3 per share for the financial year 2022-23.
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Mangalore Chemicals & Fertilizers Q3 net profit rises 11% to Rs 143 crore
Mangalore Chemicals & Fertilizers (MCF) on Friday reported an 11 per cent rise in its net profit to Rs 143 crore for the quarter ended December 2022, helped by higher revenue.
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Mangalore Chemicals & Fertilizers to invest Rs 3,200 crore in expansion projects
Mangalore Chemicals & Fertilizers (MCF) plans to invest Rs 3,200 crore in two expansion projects over the next three years, a top company official said.
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Mangalore Chemicals & Fertilizers to increase DAP/NPK prices by Rs 250/bag
The company is also planning to increase the prices of its other fertilizers, including urea and MOP, in the near future.
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Mangalore Chemicals & Fertilizers reports strong Q3 results
The company's net profit rose by 22% year-on-year to Rs 102 crore, while its revenue increased by 15% to Rs 1,120 crore.
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Mangalore Chemicals & Fertilizers to invest Rs 500 crore in new plant
The new plant will be located in Mangalore, Karnataka, and will produce a variety of fertilizers, including DAP, NPK, and urea.
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Mangalore Chemicals & Fertilizers Ltd Announces Commencement Of Gas Supply From Kochi Refineries Ltd
Mangalore Chemicals & Fertilizers Ltd (MCF), a leading manufacturer of urea and fertilizers in India, has announced the commencement of gas supply from Kochi Refineries Ltd (KRL).
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Mangalore Chemicals & Fertilizers Ltd Announces Q3 FY23 Results: Revenue Up 34%, Net Profit Up 111%
Mangalore Chemicals & Fertilizers Ltd (MCF) has announced its financial results for the third quarter (Q3) of FY23, reporting a 34% year-on-year (YoY) growth in revenue and a 111% YoY increase in net profit.
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Mangalore Chemicals & Fertilizers Ltd Signs Agreement With NTPC Renewable Energy Ltd For Green Hydrogen Project
Mangalore Chemicals & Fertilizers Ltd (MCF) has signed an agreement with NTPC Renewable Energy Ltd (NTPC REL) for a green hydrogen project.
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Mangalore Chemicals & Fertilisers Ltd. (MCFL) Dispatches First Shipment of Ammonia to Bangladesh from its Mangaluru Plant
Mangalore Chemicals and Fertilisers Ltd. (MCFL) announced that it has successfully dispatched the first shipment of ammonia to Bangladesh from its Mangaluru plant. The shipment, consisting of 10,000 MT of ammonia, was exported to Bangladesh Fertilizer Company Ltd. (BFC). This marks MCFL's entry into the Bangladesh ammonia market, expanding its global reach and strengthening its position as a leading ammonia producer.
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Mangalore Chemicals & Fertilisers Ltd. (MCFL) Acquires Phosphoric Acid Plant in Tunisia to Secure Raw Material Supply
Mangalore Chemicals and Fertilisers Ltd. (MCFL) has acquired a phosphoric acid plant in Tunisia to secure its raw material supply and enhance its fertilizer production capabilities. The plant, located in Gabes, Tunisia, has a production capacity of 300,000 metric tonnes per annum (MTPA) of phosphoric acid and is expected to become operational in the second half of 2024.
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Mangalore Chemicals & Fertilisers Ltd. (MCFL) Reports Strong Financial Performance in Q3 FY23, Driven by Higher Ammonia and DAP Prices
Mangalore Chemicals and Fertilisers Ltd. (MCFL) has reported strong financial performance for the third quarter (Q3) of the financial year 2022-23 (FY23), driven by higher ammonia and DAP prices. The company's net profit for Q3 FY23 stood at Rs. 143.64 crores, a significant increase compared to Rs. 97.29 crores in Q3 FY22, marking a growth of 47.7%.