IFFCO soars with Vision 20008242; plan

The overall capacity utlilisation of all its plants is more than 120 per cent compared to 108 pc last year. During 1997-98, the Kandla plant has produced 12.73 lakh tonnes of NPK/DAP, an all time record for the company.

IFFCO has recorded the highest ever sale of 27.50 lakh tonnes of urea and 12.50 lakh tonnes of NPK/DAP totalling 40 lakh tonnes during 1997-98 as compared to the previous best of 21.40 lakh tonnes of urea and 10.22 lakh tonnes of NPK/DAP totalling 31.62 lakh tonnes during 1996-97.

According to V Kumar, marketing director of the company, the unaudited profit before tax of the society during 1997-98 is an all time high at Rs. 470 crore with a turnover of Rs. 3,329 crore as compared to the profit of Rs. 201 crore and turnover of Rs. 2,143 crore during the year 1996-97. In Maharashtra, IFFCO has sold 1.04 lakh MT registering an increase of 70 per cent.

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