Agrochemicals company United Phosphorus on 20 October announced a profit after tax (with income from associate companies) of Rs122.04 crore for the second quarter ended 30 September, a 38.25% growth over the same period a year ago.
The company had a PATof Rs88.27 crore for the second quarter, United Phosphorus informed the Bombay Stock Exchange.
The total income of the company rose to Rs1,156.75 crore in the quarter under review, from Rs885.01 crore in the corresponding period a year ago.
For six months ended 30 September, the company reported a PAT (with income from associate companies) of Rs269.72 crore, while its total income rose to Rs2,456.06 crore.
IL&FS Investment Q2 net doubles at Rs14 cr
IL&FS Investment Manager on 20 October announced a net profit of Rs14.41 crore for the second quarter ended 30 September, a two-fold jump over the corresponding period a year ago.
The firm had a net profit of Rs4.42 crore in the second quarter of 2008-09, IL&FS Investment said in a BSE filing.
The income from operations rose to Rs39.36 crore in the current quarter under review, from Rs15.14 crore the same period a year ago, IL&FS Investment.
For the six month ended 30 September, it reported a net profit of Rs27.48 crore, while the income from operations ratcheted to Rs71.62 crore.
The board at the meeting, elevated Shahzaad Dalal to look after the international operations of the company.
Dalal would head the company’s subsidiary IL&FS Investment Advisors LLC as Chairman and CEO, the filing said.
Dalal would continue as a non-executive director and vice-chairman, while Archana Hingorani would be designated executive director and CEO.