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Our Bureau

Mumbai, May 2

BASF India Ltd has reported a net profit of Rs 4.98 crore for the fourth quarter ended March 31, 2006, compared to Rs 4.71 crore for the year-ago quarter. Total income fell to Rs 146.62 crore during the quarter from Rs 152.47 crore in the year-ago period.

For the full year, the company turned in a net profit of Rs 45.41 crore (Rs 37.97 crore). Total income rose to Rs 688.1 crore (Rs 662.5 crore). The group has posted a net profit of Rs 45.3 crore for the year and total income was Rs 687.97 crore. The board of directors has recommended a dividend of 70 per cent for the financial year ended March 31, 2006. Shares of BASF moved up by Rs 4.95 to Rs 247.25 in Tuesday's trade on BSE.

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