Rashtriya Chemicals and Fertilizers (NSE:RCF, BOM:524230) witnessed a decline in its consolidated profit after tax to 724.6 million Indian rupees in the fiscal fourth quarter ended March 31, against 952.4 million rupees a year ago.
Earnings per share contracted to 1.31 rupees compared with the year-ago figure of 1.73 rupees, according to a Tuesday filing to the Indian stock exchanges by the chemical manufacturer.
Revenue from operations in fiscal Q4 also fell to 37.3 billion rupees from 38.8 billion rupees a year earlier.
The company recommends a final dividend of 1.32 rupees per equity share of 10 rupees each for the financial year ended
March 31.
The company's shares were down over 2% in recent trade.
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