- The Department of Public Enterprise has granted “Navratna” status to National Fertilizers Ltd.
- For the December quarter, National Fertilizers Limited’s consolidated net profit was ₹150.9 crore, a decline of 73%.
- The revenue dropped 25.2% YoY to ₹7,581 crore for the December quarter.
- The ‘Navratna’ is a group of top-performing Central Public Sector Enterprises (CPSEs). It receives greater autonomy and financial powers from the Centre in recognition of its performance.
National Fertilizers Limited
- It produces chemical fertilisers, bio-fertilizers and industrial chemicals.
- It is headquartered in Noida.
- It was established on 1 September 1979.