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Last Updated : Apr 30, 2019 06:29 PM IST | Source: PTI

BASF Q4 net profit up 9.77% at Rs 86.27 cr

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.

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BASF India on April 30 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.

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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 on Apr 30, 2019 06:28 pm
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