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Fertilisers and Chemicals Travancore (FACT) on Thursday reported a net loss of Rs 79.81 core during the third quarter ended December, 2012 owing to poor sales.
The company had posted a net profit of Rs 14.79 crore in the year—ago period.
The company’s net sales declined by 22 per cent to Rs 676.72 crore during the current quarter as against Rs 869.30 crore in the same quarter last year, FACT said in a BSE filing.
Shares of the company fell by 1.72 per cent to settle at Rs 28.50 apiece on the BSE.
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