Chemical fertilisers manufacturer Mangalore Chemicals & Fertilizers Ltd (MCFL) today reported a three-fold jump in its net profit at Rs 22.9 crore for the third quarter ended December 2017.

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It posted a net profit of Rs 7.7 crore during the same period in the last financial year, the company said in a statement.

The company's total revenue rose to Rs 669 crore this quarter compared to Rs 551 crore in the corresponding quarter last year.