Rashtriya Chemicals and Fertilizer (RCF) has issued Commercial Paper for Rs.190 crore on 10th March, 2017, in favour of State Bank of India. The paper comes with a maturity date of 8th June, 2017. The commercial paper issued by the Company on 21st November for Rs.100 crore, on 30th December for Rs.175 crore and on 23rd January for Rs.180 crore was redeemed on 17th February, 2017.
RCF's net profit improved by 18.66% YoY for its December 2016 quarter. The company has also seen a growth in its operating profit margins, from 5.65% in the September quarter to 6.4% in the December 2016 quarter.