Lower-than-expected effective tax rate lifts earnings
Earnings per share of company stand at Rs2.91 in Apr-Jun quarter
Reduction will lead to Rs360-400/bag decline in urea prices
Company announces interim cash dividend of Rs3 per share
Declares interim cash dividend of Rs3 per share
Says manufacturers are hoping policymakers will withdraw GST instead of giving subsidy on urea in upcoming budget
The company’s net sales slashed 15% to Rs10.06 billion
Up 31% from Rs2.137b in the same quarter last year