Chambal Fertilisers and Chemicals on Saturday reported a 37.5 per cent increase in its standalone net profit to Rs 93.18 crore for the quarter ended March 31, 2012.

The company had reported a net profit of Rs 67.72 crore in the year-ago period, it said in a filing to the BSE.

The net sales rose to Rs 1,882.83 crore in the fourth quarter of the last fiscal from Rs 807.15 crore in the corresponding period of last fiscal.

In the 2011-12 financial year, the company posted a net profit (standalone) of Rs 247.28 crore compared with Rs 325.17 crore posted in the previous year.

The net sales of the company rose to Rs 6,455.12 crore from Rs 4,647.42 crore in the period under review.

The company’s Board has recommended a dividend of Rs 1.90 per equity share of Rs 10 each.

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