BASF India net up，to sell-off agrochemical plant

Date:10-19-2009


Chemical producer BASF India on Friday said its net profit rose 30.34 per cent to Rs 34.02 crore in the second quarter ended September 30, 2009.

Total income rose to Rs 368.39 crore during the quarter from Rs 324.70 crore in the same period last fiscal, BASF India said in a filing to the Bombay Stock Exchange.

In a separate filing to BSE, the company said the board has approved the sale of its agrochemical plant at Dadra site. The company is in the process of finalising the sale.

Shares of BASF India were trading at Rs 409 on the BSE, up 13.94 per cent from previous close.