United Phosphorous Q3 net profit falls 85% YoY

United Phosphorous’ net profit for the quarter ended Dec 31, 2007 fell 85.58 per cent to Rs 7.08 crore against Rs 49.10 crore in the same quarter ended December 2006.

MUMBAI: United Phosphorous’ net profit for the quarter ended Dec 31, 2007 fell 85.58 per cent to Rs 7.08 crore against Rs 49.10 crore in the same quarter ended December 2006. Net sales increased 9.99 per cent to Rs 399.66 crore from Rs 363.37 crore a year ago.

The group’s net profit for the October-December quarter grew 36.07 per cent to Rs 48.55 crore compared with Rs 35.68 crore in the corresponding quarter of earlier year. Net sales amplified by 66.05 per cent at Rs 800.62 crore from Rs 482.16 crore in year ago.

At 1:05 pm, United Phosphorous shares were up 6.15 per cent at Rs 353 on BSE.
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