RCF's Q1 Profit Soars Despite Revenue Dip

• RCF's Q1 net profit jumps 404% YoY to ₹54.4 crore, revenue drops 23.2% to ₹3,370.5 crore.
• EBITDA surges 36.4% to ₹157.9 crore; margin expands over 200 bps to 4.7%.
• RCF board approves NCD issuance up to ₹1,100 crore via private placement.

State-run Rashtriya Chemicals and Fertilisers Ltd (RCF) on Tuesday (August 12) reported a 404% year-on-year (YoY) jump in net profit at ₹54.4 crore for the first quarter over ₹10.8 crore in Q1FY25.

However, revenue from operations tanked 23.2% to ₹3,370.5 crore from ₹4,396 crore on a YoY basis.

Also Read: RCF Q4 Results: Net profit drops 24% YoY; Board recommends ₹1.32 final dividend

The company’s EBITDA surged 36.4% to ₹157.9 crore in this quarter against ₹115.8 crore a year ago. The EBITDA margin expanded more than 200 bps to 4.7% versus to 2.6% in the prior-year period.

The company said its board has approved the issuance of secured or unsecured, non-convertible debentures (NCDs) in one or more series

or tranches. The total size of the issue will be up to ₹1,100 crore, to be raised over the next 12 months through private placement. The issuance is subject to shareholder approval at the upcoming annual general meeting.

The results came after the close of the market hours. Shares of Rashtriya Chemicals and Fertilizers Ltd ended at ₹145.65, down by ₹1.85 or 1.25%, on the BSE today (August 12).

Also Read: Fertiliser stocks surge up to 15% on Tuesday — Key factors explained