Tuticorin Alkali Chem & Fertilizers Q1 Results, Profit Before Taxes Jumps to ₹3,582.02 Lakhs, Net Profit Reaches ₹3,618.46 Lakhs

Tuticorin Alkali Chemicals and Fertilizers (TFL) Q1 Results: Tuticorin Alkali Chemicals and Fertilizers released their Q1 financial results on August 6, 2024, showing a significant rise in total income.

For the quarter ending June 30, 2024, the company reported an income from operations of ₹7,231.50 lakhs, which is a 28.96% increase compared to ₹5,602.91 lakhs in the previous quarter. This growth was driven by higher revenues despite an increase in material costs and other operational expenses.

In terms of profitability, TFL experienced a substantial boost. The company's profit before taxes surged to ₹3,582.02 lakhs for Q1 2024-2025, compared to ₹897.30 lakhs in the preceding quarter, marking a remarkable increase of 299.4% quarter-over-quarter.

After accounting for tax expenses, the net profit for the period was ₹3,618.46 lakhs, reflecting a significant improvement from ₹1,196.96 lakhs in Q4 2023-2024. Overall, TFL’s strong financial performance underscores a robust start to the fiscal year.

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Tuticorin Alkali Chem & Fertilizers Q1 Results 2024 - 2025

Here is a summary of the Tuticorin Alkali Chemicals and Fertilizers (TFL) Q1 results for the fiscal year 2024-2025:

The following table highlights the key financial metrics for the quarter ending June 30, 2024, compared to the previous quarter.

Source: Click Here

Tuticorin Alkali Chem & Fertilizers Current Market Overview

Tuticorin Alkali Chemicals & Fertilizers (TFL) is currently trading at ₹96.30 per share, down by 0.42%. The company is listed on the Bombay Stock Exchange with the code 506808 and has a market capitalization of ₹1,173 crore.

Over the past year, its stock price has ranged from a high of ₹117 to a low of ₹58. TFL has a P/E ratio of 17.4 and a book value of ₹6.50 per share. Despite not offering any dividends, the company shows strong financial performance with a high return on capital employed (ROCE) of 146% and a return on equity (ROE) of 166%.

Quarterly Results

Here are the quarterly results for Tuticorin Alkali Chemicals & Fertilizers for December 2023, March 2024, and June 2024:

About Tuticorin Alkali Chem & Fertilizers 

Tuticorin Alkali Chemicals and Fertilizers (TFL) is a key chemical manufacturing company based in Tuticorin, Tamil Nadu. Established in 1981, TFL is the only producer of soda ash in South India. The company specializes in producing various grades of soda ash and also co-produces ammonium chloride fertilizer.

TFL’s operations rely on raw materials such as ammonia, carbon dioxide gas, and locally produced salt. The company is known for its eco-friendly dual process, which helps reduce environmental impact while supporting its fertilizer production.

TFL's strategic location next to the SPIC Fertilizer Plant enhances its operational efficiency.

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