United Phosphorus Q2 net profit up 29 pct at Rs 154.63 cr

PTI Posted online: Thursday, Oct 24, 2013 at 0000 hrs
New Delhi : Agro chemical firm United Phosphorus (UPL Ltd) has posted 29 per cent increase in consolidated net profit at Rs 154.63 crore for the second quarter ended September 30 on account of higher sales.

The company had clocked a net profit of Rs 119.80 crore in the same quarter a year-ago.

Total income of the company increased to Rs 2,331.64 crore during July-September quarter of this financial year from Rs 1,856.02 crore in the same period last year, the company said in a BSE filing to the BSE.

The UPL Ltd, formerly known as United Phosphorus, broadly produces chemicals under two categories agro chemicals and industrial chemicals.

UPL has 23 manufacturing sites, out of which nine are in India, four in France, two in Spain, three in Argentina, one each in UK, Vietnam, Netherlands, Italy and China.

Shares of the company today closed 0.62 per cent higher at Rs 154.80 apiece on the BSE.