The company had a consolidated net profit of Rs 73.78 crore in the first quarter of financial year 2008, United Phosphorus said in a filing to Bombay Stock Exchange.
The consolidated total income of the company rose to Rs 1,314.05 crore in the first quarter of this fiscal, from Rs 845.03 crore in the year ago period.
United Phosphorus posted standalone net profit of Rs 46.63 crore, a 57.90 per cent growth from Rs 29.53 crore in the previous quarter last year.
Total income of the company rose 54.26 per cent rose to Rs 553.67 crore, from Rs 358.91 crore in the year ago period.
Meanwhile, the company said it has approved a bonus issue of equity shares in the ratio of 1:1, wherein for every one equity share of the company held by the shareholders one bonus share would be alloted.