United Phosphorus - 3QFY2013 Result Review - Nirmal Bang

- Result above expectations

- Sales grew by 25% yoy to Rs 2295.7 cr led by 15% growth in Agro division

- EBITDA grew by 16% to Rs 404 cr

- PAT declined by 20% yoy to Rs 173.6 cr on account of higher interest and tax cost and lower other income

- Outlook: Positive. The stock can be purchased for a gain of 15-20%.

Source : Equity Bulls

Keywords