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NFL declares 30.57% dividend for 2018-19

NFL declares 30.57% dividend for 2018-19

New Delhi: National Fertilizers Limited has declared a total dividend of 30.57 per cent of Profit after Tax (PAT) during its Annual General Meeting (AGM) held on September 18, 2019 in New Delhi.

Shareholders of the company were appreciative of the best ever performance of the company during 2018-19 and specifically commented on addition of new products and Pan India presence of company.

In his Chairman address, Manoj Mishra, C&MD gave performance highlights of the company during 2018-19 and shared future plans.

NFL, for the 4th time in a row, has performed exceedingly well on production as well as sales front during 2018-19 by recording a urea production of 38.59 Lakh MT and sale of 48.95 Lakh MT of fertilizers. With this performance, NFL achieved turnover of Rs. 12245 crore (increase of 37 per cent over previous year) and a profit of Rs. 463 crore (increase of 38.2 per cent over previous year) during 2018-19.

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