United Phosphorus has reported results for the quarter ended June 30, 2011.
The company‘s net profit from ordinary activities after tax shot up by 1224.52% at Rs 96.69 crore for the quarter as compared to Rs 7.30 crore for the quarter ended June 30, 2010. Its total income has increased by 29.33% at Rs 932.74 crore for the Q1FY12 from Rs 721.21 crore for the Q1FY11.
On consolidated basis, the Group’s net profit after tax with Income from Associate Company came at Rs 184.31 crore for the June quarter of the current fiscal as compared to Rs 141.75 crore for the June quarter of the previous year, up by 30.02% . Its total income recorded growth of 26.73% at Rs 1884.71 crore for the quarter under review from Rs 1487.19 crore for the quarter ended June 30, 2010.
United Phosphorus is the largest Indian agrochemical company and is engaged in research, manufacturing, selling and distribution of agrochemicals and specialty chemicals across the globe.