BASF India Limited announced audited earnings results for the fourth quarter and full year ended March 31, 2013. For the quarter, the company reported net sales/income from operations (net of excise) of INR 8,191.8 million compared to INR 7,619.9 million a year ago. Total income from operations was INR 8,209.0 million compared to INR 7,640.5 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 226.4 million compared to INR 162.5 million a year ago. Profit from ordinary activities before tax was INR 197.7 million compared to INR 118.5 million a year ago. Net profit for the period was INR 133.2 million compared to INR 79.8 million a year ago. Basic and diluted EPS before and after extraordinary items was INR 3.08 compared to INR 1.84 a year ago. For the year, the company reported net sales/income from operations (net of excise) of INR 39,302.6 million compared to INR 35,087.4 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,917.7 million compared to INR 1,582.2 million a year ago. Profit from ordinary activities before tax was INR 1,690.3 million compared to INR 1,497.2 million a year ago. Net profit for the period was INR 1,140.8 million compared to INR 1,008.6 million a year ago. Basic and diluted EPS before and after extraordinary items was INR 26.35 compared to INR 23.30 a year ago.

BASF India Limited announced that at the board meeting held on April 30, 2013, the board has appointed Mr. Gops Pillay as Director of the company in the casual vacancy caused by the resignation of Ms. Saori Dubourg with effect from April 30, 2013.

BASF India Limited has reported that the board of directors at its meeting held on April 30, 2013 have recommended a dividend of INR 4 per equity share of INR 10 each (that is 40%) for the financial year ended March 31, 2013, subject to the approval of the shareholders at the forthcoming annual general meeting of the company to be held on August 30, 2013. The dividend, it approved, by the Shareholders will absorb INR 173.1 million and will be payable on or before September 04, 2013.