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United Phosphorus Q1 net profit up 10%

Agro chemical producer United Phosphorus reported a rise in its profit at Rs 203 cr.

Agro chemical producer United Phosphorus today reported 10 per cent rise in its consolidated net profit at Rs 202.91 crore for the quarter ended June 30 on the back of higher sales.

The company had posted a net profit of Rs 184.31 crore in the year-ago period.

The total income from operations rose by 19 per cent at Rs 2,214.21 crore during April-June quarter of 2012-13 fiscal as against Rs 1,854.22 crore in the corresponding period of last year,according to the company’s BSE filing.

The company’s share price closed at Rs 124.45 on BSE,up by 0.97 per cent from previous closing.

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In 2011-12 fiscal,the company had posted a consolidated net profit of Rs 555.55 crore over a revenue of Rs 7,654.72 crore.

United phosphorus is a global generic crop protection,chemicals and seeds company.

Recently,the company announced acquisition of a Dutch firm Agrichem along with all tangible and intangible assets,IPR,product registrations,brands,distribution network and manufacturing facilities.


Agrichem is engaged in the production,marketing and selling of crop protection products in the European agro-chemicals market.

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First published on: 20-07-2012 at 09:24:01 pm
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