Mumbai, May 2: BASF India Ltd has posted a net profit of Rs 4.98 crore for the quarter ended March 31, as compared to Rs 4.71 crore for the quarter ended March 31 last year, an increase of 5.73 per cent.
Announcing the results, the company said its total income has decreased from Rs 152.47 crore in Q4 FY 04-05 to Rs 146.62 crore for Q4 FY 05-06.
It has posted a net profit of Rs 45.41 crore for the year ended March 31 (FY 05-06) as compared to Rs 37.97 crore for the year ended March 31 (FY 04-05). Total Income has increased from Rs 662.50 crore in FY 04-05 to Rs 688.10 crore for FY 05-06.
The Board of Directors has recommended payment of dividend of 70 per cent on equity shares for the financial year ended March 31.