United Phosphorus, GE Shipping

CORPORATE SCORECARD

Agrochemical company United Phosphorus on Friday announced a net profit of Rs 281.07 crore for the year ended March 31 as against Rs 282.08 crore a year ago.

Consolidated total income stood at Rs 3,761.70 crore for the year ended March 31, 2008 while it was at Rs 2,470.94 crore last year, the company said. The board of directors of the company has declared a dividend of Rs 2 on shares of Rs 2 each (100 per cent).

 

In view of the transfer of the Haldia Division of SWAL Corp to the company with effect from April 1, 2007, the figures of the current year are not comparable with the corresponding figures of the previous year, the company added.

On stand-alone basis, the company reported a net profit of Rs 91.91 crore for the year ended March 31, 2008 compared with Rs 107.04 crore a year ago.

Total income stood at Rs 1,644.68 crore financial year 2008, whereas the same was at Rs 1,455.19 crore in the previous year.

GE Shipping Q4 net up 24% at Rs 299 cr

Great Eastern Shipping Company reported a net profit of Rs 299.41 crore for the quarter ended March 31, 2008, a 24.28 per cent growth over the corresponding period last year.

The company had declared a net profit of Rs 240.92 crore in the corresponding period last year, GE Shipping said in a filing to the Bombay Stock Exchange.

The total income rose to Rs 783.38 crore in the latest quarter from Rs 592.67 crore in FY2006-07.

The board of directors has announced an interim dividend of Rs 5 a share on the face value of Rs 10 each. Earlier, the company had declared two interim dividends of Rs 4 and Rs 3.50 a share respectively.

For the financial year 2007-08, the group reported a consolidated net profit of Rs 1,453.35 crore, a 59.28 per cent growth over the year-ago period. The group had posted a net profit of Rs 912.43 crore in the year ended March 31, 2007.

The group's consolidated total income rose to Rs 3,762.82 crore in the latest quarter from Rs 2,417.73 crore in the year-ago period.

GE Shipping announced a standalone net profit of Rs 1,356.81 crore for the financial year ended March 31, 2008, a 53.61 per cent growth over Rs 883.31 crore in the coresponding previous period.

The standalone total income rose to Rs 3,203.51 crore for the financial year 2007-08 from Rs 2,251.11 in the year-ago period.

The shares of GE Shipping closed at Rs 438, down 0.98 per cent, on the Bombay Stock Exchange.