*Rashtriya Chemicals & Fertilizers* disclosed a steady growth in standalone
net profit for the quarter ended December 2008.

During the quarter, the profit of the company rose 14.40% to Rs 687.80
million from Rs 601.20 million in the same quarter previous year.

Net sales for the quarter surged 66.78% to Rs 22,782.00 million, while total
income for the quarter jumped 69.21% to Rs 23,336.90 million, when compared
with the prior year period.

The company posted earnings of Rs 1.25 a share during the quarter,
registering 14.68% growth over previous year period.


  *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07*
*%Change* *Net Sales* 22,782.00 13,659.90 66.78 *Net Profit* 687.80 601.20
14.40 *Basic EPS* 1.25 1.09 14.68

During the quarter, the operating margin of the company fell by 442.86 basis
points to 3.85% compared with the previous year period. Interest cost
increased 24.82% to Rs 170.50 million while depreciation cost rose 2.08% to
Rs 211.30 million over previous year period.

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