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Fertilizer companies: Looking at faster disbursement
Aug 23: 8Fertiliser companies have posted a healthy operating performance in Q1FY19. On the aggregate level, the revenue increased by 26% yoy, led by 17% yoy growth in the fertilizer segment.
8Similarly, the chemical segment's performance remained healthy with a 59% yoy growth.
8The companies are confident about faster disbursement of subsidy this year even though the disbursement has been slow for now which could further put pressure on fertilizer companies' working capital.
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