Indo-Gulf Fertilizers and Chemicals Corporation Limited

Indo-Gulf Fertilizers and Chemicals Corporation Limited has been producing quality fertilizers such as urea and nitrogenous fertilizer. The Indo-Gulf fertilizer plant is located in the Indo-Gangetic Plain of Uttar Pradesh and produces as much as 900,000 tons of Urea every year.

The Indo-Gulf company had set up its fertilizer plant in 1998 at an area that was more or less agriculture-based and hence it caters to the needs of farmers who want to increase the crop yield and quality. Today Indo-Gulf Fertilizers is among the largest fertilizer companies in the Indian private sector and has surpassed its true potential. It performs at 114% of its production capacity already.

Indo-Gulf Fertilizers is looking forward to de-bottlenecking of its urea capacity from 2620 MTPD to 3360 MTPD. Recently, Indo-Gulf Fertilizers has agreed to purchase re-liquefied natural gas and JVPMT gas from GAIL. The subsidiaries of Indo-Gulf Fertilizers are BGFL Corporate Finance, Birla Global Asset Finance Company, Birla TMT Holdings, and Birla Global Finance.

A brief glimpse into the financial figures of Indo-Gulf Fertilizers is given below:

• Net sales at quarter ended on March, 2005 - `6783.50 million
• Net Profit at quarter ended on December, 2004 - `178.5 million
• Net sales at quarter ended on December, 2004 - `1737.3 million
• Net Profit at quarter ended on December, 2005 - `213.3 million
• Net sales at quarter ended on December, 2005 - `1670.4 million

Indo-Gulf Fertilizers and Chemicals Corporation Limited has committed itself to the welfare of farmers by offering various services and assistance. Towards this, the company conducts crop demonstrations, agricultural education and training, micro-watershed development, soil testing, fruit-tree planting, soil fertility maps, and health and sanitation programs.

Indo-Gulf is one of the chief sponsors of Shaktiman Farmers Club. Further plans are being made for implementing extensive research and development which will facilitate product innovation, development, and the manufacturing of derived fertilizer products such as zincated and sulfonated urea.

Indo-Gulf Fertilizers and Chemicals Corporation Limited has earned its reputation of being a cost-efficient private sector company and has raised the bar for its chief competitors in this regard.