Chambal Fertilisers and Chemicals stock price surges 2% on Q4 results

Shares of Chambal Fertilisers and Chemicals surged over 2% after the company announced strong Q4 results.

The net profit of Chambal Fertilisers & Chemicals rose by 2.85% to Rs 96.78 crore in the quarter ended March 2024, compared to Rs 94.10 crore during the previous quarter ended March 2023.

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However, sales declined by 26.56% to Rs 2643.04 crore in the quarter ended March 2024, as against Rs 3598.67 crore during the previous quarter ended March 2023.

As of 10:50 am, the shares were trading 2.25% higher at ₹397.80 on NSE.