INTERVIEW: CMA Umesh Dongre (ICoAS)
The Management Accountant|December 2020
Director (Finance) and Chief Financial Officer Rashtriya Chemicals and Fertilizers Limited, Mumbai
INTERVIEW: CMA Umesh Dongre (ICoAS)

CMA Umesh Dongre (ICoAS)

Q How would you describe your journey as a CFO of world’s leading fertilizer and chemical manufacturing company - Rashtriya Chemicals and Fertilizers (RCF) Limited, a “Mini-Ratna”?

A. The last 3 years at RCF has been extremely challenging, though satisfying. However, the Company has grown from strength to strength in this period. The Plants at Trombay & Thal have grown older and with strengthening of energy norms of Urea, the various capex plans for energy efficiency have either been implemented or in advanced stage, since there have been delays due to the lockdown imposed in the wake of recent pandemic. However, the results of the capex decisions taken in earlier years are fructifying now, since the operations at both the Plants have become energy efficient which is likely to improve further in the next 2 years.

Q What is your perspective on the overall performance of RCF Ltd. in the past one year?

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