The Kochi-based Fertilisers and Chemicals Travancore Ltd (FACT) recorded a profit of ₹70.78 crore for the fourth quarter ended March 31. This is a healthy turnaround, as the company had posted a loss of ₹79.1 core in the same period of the previous year.

Compared to the previous quarter, the company's profit has grown by a whopping 784% from ₹8 crores recorded in the third quarter ended December 31, 2024. The central PSU's operating income increased slightly to ₹1,113.19 crore compared to ₹1,111.79 crore in the previous quarter. 

However, the profit for the year declined to ₹41.23 crore from ₹128.27 crore. The 67.85 per cent drop was due to lower operating income.
According to the statutory filing with the exchanges, the company declared a dividend of 20 paise per equity share. 
On NSE, the share rose 2.8 per cent from ₹899.95 to ₹925.70 on Monday.

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