Cultivating profits

IIPM PUBLICATION
RCF continues to get ‘Excellent’ ratings from the government since the past five years...
Rashtriya Chemicals & Fertilizers Ltd (RCF), a leading PSU with an ISO14001 certification, is not only amongst the top producers of fertilizers in India (with brands like Ujjwala Urea, Microla and Biola), but is also known for pioneering the manufacturing of basic industrial chemicals. RCF churns out 2.4 million tonnes of fertilizers annually (at a capacity utilisation of 88%) at its Trombay and Thal facilities in Maharashtra.

The company reported a net profit of Rs.1.48 billion in FY06, a rise of 4.96% over the previous fiscal. The company’s net sales also climbed to Rs.30.47 billion during the same period. U. S. Jha, Chairman & MD of RCF acknowledges, “We believe that there are adequate triggers for growth. Though there may be some volatility in near term... in the long run, the company will be able to improve its margins signify cantly.” The company has draft ed a Rs.34.6 billion expansion plan spread over the next three years. In August this year, RCF also unveiled its plans to set up an integrated fertiliser plant in Australia for Rs.24.6 billion. The next time you hear about them, remember, they’re our sectoral #1!

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Source : IIPM Editorial, 2006, Arindam Chaudhuri's Initiative

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