By: ICN Bureau
Last updated : February 18, 2021 10:52 am
The dividend cheque was presented by Shriniwas C. Mudgerikar, CMD of RCF in presence of R K Chaturvedi, Secretary (Fertilisers) and other senior officers of Department of Fertilisers.
Union Minister of Chemicals& Fertilizers D.V.Sadananda Gowda, today received highest ever dividend of 28.4% for the FY 2019-20 amounting to Rs. 117.51 crore from Rashtriya Chemicals & Fertilizers Limited (RCF). In addition, RCF has also handed over an interim dividend of Rs 49.65 crore for FY 2020-21.
The dividend cheque was presented by Shriniwas C. Mudgerikar, CMD of RCF in presence of R K Chaturvedi, Secretary (Fertilisers) and other senior officers of Department of Fertilisers.
Speaking on the occasion, Gowda said that performance of RCF has been remarkable during current fiscal considering the disruptions caused by corona pandemic. It is worth appreciating that despite all odds, the company has been able to register an increase of 235.65% in net profit to Rs. 221.09 crore in the current FY (up to December 2020) as compared to Rs. 65.87 Crore achieved during the corresponding period of previous year.