Despite COVID-19 Lockdown National Fertilizers Ltd. Sale Jumps 71 % in April 2020

National Fertilizers Ltd, a PSU under the ministry of Chemicals and Fertilizers registered a 71 per cent growth in fertilizer sale in the month of April 2020. Despite the stringent restrictions in country in April due to COVID-19 lockdown. Company recorded fertilizer sale of 3.62 lakh MT in April’ 20 compared to 2.12 lakh MT in the same period last year.

Company had to face lot of logistics hurdles due to lockdown but despite that it left no stone unturned to make fertilizers available to farmers during this crucial period. C&MD, NFL, Mr Manoj Mishra has appreciated the efforts of marketing team for achieving this highest-ever growth in sales in the month of April 2020.

NFL produces urea at its five plants located at Nangal and Bathinda in Punjab, Panipat in Haryana and two plants at Vijaipur in M.P. Though the company has a production capacity of 35.68 lakh MT of urea. With all these products, the company has recorded highest-ever sale of 57 lakh MT in 2019-20, continuously for the fifth time in a row. Maintaining optimum operations of these plants in difficult times is a big success story especially towards fulfilling Government’s commitment to the farming community of the country.

Apart from this to support the efforts of Government to fight COVID-19, NFL employees’ have not only contributed one day’s salary of Rs 88 lakh (US$ 0.12 million) towards PM Cares Fund but have also contributed an amount of Rs 63.94 lakh (US$ 0.09 million) under CSR towards PM Cares Fund for the same objective. With this, the company has contributed total amount of Rs 1.52 crore (US$ 0.22 million) towards PM Cares Fund.

Source:IBEF

Image Courtesy: ProIndia