Rama Phosphates net profit rises 1917.20%

by khalid on 30/09/2009 · 0 comments

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Rama Phosphates Limited is one of the leading fertilizer manufacturing company in India. The company declared its results and the net profit for quarter ended Jun 09 rose by 1917.20% to Rs 18.76 crore. It was Rs 0.93 crore during the previous corresponding quarter ended June 2008.

Sales declined 48.11% to Rs 51.01 crore in the quarter ended June 2009 as against Rs 98.30 crore during the previous quarter ended June 2008.

The company has changed its year end from March 2009 to June 2009 and the value given for the full year ended June 2009 is for the period of 15 months. Hence, the full year is not
comparable. For the full year, net profit reported to Rs 24.81 crore in the year ended June 2009. Sales reported to Rs 434.95 crore in the year ended June 2009.

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