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United Phosphorus Q4 net up 211.26 per cent

Mumbai, Apr 22: United Phosphorus Ltd has posted a net profit after tax and Prior Period Adjustments of Rs 66.88 crore for the quarter ended March 31, this year as compared to Rs 21.48 crore for the corresponding quarter in the previous fiscal, an increase of 211.36 per cent.

Announcing the results, the company said its total income has increased from Rs 354.94 crore in Q4 FY 04-05 to Rs 443.92 crore for Q4 FY 05-06.

It has posted a net profit after tax and Prior Period Adjustments of Rs 113.92 crore for the year ended March 31, this year as compared to Rs 54.28 crore for the year ended March 31, last year.

Total Income has increased from Rs 1,063.48 crore in FY 04-05 to Rs 1,293.92 crore for FY 05-06.

The consolidated results of the group has posted a Profit After Tax of Rs 111.09 crore for the quarter ended March 31 (Q4 FY 05-06) as compared to Rs 89.37 crore for the quarter ended March 31, (Q4 FY 04-05). Total income has increased from Rs 425.06 crore in Q4 FY 04-05 to Rs 571.69 crore for Q4 FY 05-06.

The group's consolidated results for the full year showed a Profit After Tax of Rs 217.93 crore for the year ended March 31, (FY 05-06) as compared to Rs 157.19 crore for the year ended March 31, (FY 04-05). Total Income has increased from Rs 1,422.57 crore in FY 04-05 to Rs 1801.96 crore for FY 05-06.

The board has recommended dividend at 50 per cent on equity shares of Rs two each (i.e. Re one per equity share) and at seven per cent on preference shares of Rs 10 each (i.e. paise 70 per preference share).

UNI

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