United Phosphorus announced a decline in standalone net profit for the
quarter ended December 2008. During the quarter, the profit of the company
declined 8.76% to Rs 64.60 million from Rs 70.80 million in the same quarter
previous year.

Net sales for the quarter jumped 70.16% to Rs 6,800.60 million, while total
income for the quarter jumped 67.73% to Rs 7,147.80 million, when compared
with the prior year period.

The company posted earnings of Rs 0.13 a share during the quarter,
registering 48.00% decline over previous year period.


  *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07*
*%Change* *Net Sales* 6,800.60 3,996.60 70.16 *Net Profit* 64.60 70.80
(8.76) *Basic EPS* 0.13 0.25 (48)

Interest cost increased 2.48 times to Rs 608.60 million while depreciation
cost fell 32.05% to Rs 207.10 million over previous year period.

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