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BASF Q4 net profit up 9.77 pc at Rs 86.27 cr

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Press Trust of India New Delhi
BASF India Tuesday posted 9.77 per cent jump in its net profit at Rs 86.27 crore for the fourth quarter of 2018-19 fiscal.
The company's net profit stood at Rs 65.99 crore in the year-ago period, BASF said in a BSE filing.
Total income declined to Rs 1,321.3 crore during January-March quarter of 2018-19 from Rs 1,354.3 crore in the same period in previous fiscal.
However, expenses shot up to Rs 1,359.2 crore from Rs 1,308.1 crore in the year-ago period.
In view of the 75th anniversary milestone, the company's board has recommended a special dividend of Rs 2 per equity share in addition to a final dividend of Rs 3 per share subject to shareholders approval, it said.
Shares of the company Tuesday rose 2.72 per cent to settle at Rs 1,368.35 apiece on the BSE.

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First Published: Apr 30 2019 | 5:55 PM IST

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