Mosaic second-quarter profit falls 42 pct

July 31 Thu Jul 31, 2014 7:10am EDT

July 31 (Reuters) - U.S. fertilizer company Mosaic Co reported a 42 percent slump in quarterly profit, hurt by weak potash prices.

Net earnings attributable to the company fell to $248.4 million, or 64 cents per share per share, in the second quarter ended June 30, from $429.8 million, or $1.01 per share, a year earlier.

Net sales fell 7 percent to $2.44 billion.

(Reporting by Sayantani Ghosh in Bangalore; Editing by Savio D'Souza)