*Chambal Fertilisers & Chemicals* reported a steady growth in standalone net
profit for the quarter ended December 2008, helped by strong sales growth.
During the quarter, the profit of the company rose 18.87% to Rs 753.02
million from Rs 633.50 million in the same quarter last year.

Net sales for the quarter surged 54.32% to Rs 12,458.88 million, while total
income for the quarter jumped 52.55% to Rs 12,552.88 million, when compared
with the prior year period.

The company reported earnings of Rs 1.81 a share during the quarter,
registering 19.08% growth over prior year period.


  *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07*
*%Change* *Net Sales* 12,458.88 8,073.30 54.32 *Net Profit* 753.02 633.50
18.87 *Basic EPS* 1.81 1.52 19.08

During the quarter, the operating margin of the company dropped by 277.12
basis points to 15.54% compared with the previous year period. Interest cost
increased 88.66% to Rs 366.57 million, while depreciation cost rose 30.05%
to Rs 607.71 million over previous year period.

During the quarter, Chambal Infrastructure Ventures, a wholly owned
subsidiary of the company, has divested its entire stake in its subsidiary -
Gulbarga Cement to Zuari Industries

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