Profit after tax of Fauji Fertiliser increases to Rs 242.877 million

The profit after tax of Fauji Fertiliser Company Limited has increased to Rs 242.877 million in the quarter ended March 31, 2012 as compared to Rs 52.249 million earned in the corresponding period in 2011. According to financial results sent to Karachi Stock Exchange on Monday the company's earning per (basic) share increased to Re 0.182 in the period under review against Re 0.075 in the same period a year back.
The company's earning per (diluted) share increased to Re 0.176 in this period against Re 0.043 in the same period last year. The company's sales increased to Rs 3.894 billion in this quarter against Rs 1.448 billion in the same quarter a year back. The company paid Rs 685.146 million as government levies in this period against Rs 290.229 million. The company's cost of sales increased to Rs 2.289 billion against Rs 1.010 billion.
The company's profit before taxation increased to Rs 339.201 million in this quarter against Rs 85.700 in the same quarter last year. On nine months basis, the company's profit after tax, however, declined to Rs 140.391 million translating EPS of Re 0.109 in the nine-month period ended March 31, 2012 against after tax profit of Rs 303.381 million with per share earning of Re 0.438 in the same period last year.