RCF FY06 net at Rs 148 cr, payout at 10%

Rashtriya Chemicals & Fertilizers (RCF) has posted a 5% increase in net profit to Rs 147.96 crore for FY06 when compared with Rs 140.96 crore for FY05.

According to an official release issued by the company to the BSE today, total income increased 10% year-on-year to Rs 3114.89 crore for FY06 when compared with Rs 2840.08 crore in FY05.

Net profit on a quarter-on-quarter basis, increased 31% to Rs 79.72 crore for Q4FY06 as compared to Rs 60.45 crore for Q4FY05. Total income has increased to Rs 860.05 crore for Q4FY06 from Rs 703.57 crore in Q4FY05.

The board has recommended a final dividend of 10% for the year FY06.