Nagarjuna Fertilizers and Chemicals Limited — Board Meeting, 14-02-2025: Outcome of Board Meeting

The Board of Directors of Nagarjuna Fertilizers and Chemicals Limited approved the unaudited standalone and consolidated financial results for the quarter and half-year ended December 31, 2024. The consolidated revenue from operations for the quarter was ₹0.93 crore, with a significant drop in overall income to ₹-16,877.66 crore, primarily due to the de-escalation of urea subsidy. Total expenses amounted to ₹16,526.61 crore, leading to a loss before tax of ₹351.05 crore. Amidst challenging conditions, the company is actively pursuing governmental claims and evaluating potential operational revivals.