Rama Phosphates Ltd. announced that the Board of Directors of the company at its meeting held on May 17, 2013, has appointed Mr. K. Raghuraman as an Additional Director of the Company with effect from May 17, 2013.

Rama Phosphates Ltd. announced that the Board of Directors of the company at its meeting held on May 17, 2013, have recommended a final dividend of INR 0.80 per Equity share (8% on face value of INR 10 shares).

Rama Phosphates Ltd. reported 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 of INR 1,950.824 million compared to INR 1,845.879 million a year ago. Profit from operations before other income, financial costs & exceptional items was INR 95.007 million compared to INR 82.376 million a year ago. Profit from ordinary activities before taxation was INR 85.422 million compared to INR 61.299 million a year ago. Net profit was INR 43.979 million or INR 2.49 per basic and diluted share before and after extraordinary items (not annualized) compared to INR 32.447 million or INR 1.83 per basic and diluted share before and after extraordinary items (not annualized) for the same period a year ago. For the year, the company reported net sales/income from operations of INR 6,172.851 million compared to INR 5,539.701 million a year ago. Profit from operations before other income, financial costs & exceptional items was INR 431.400 million compared to INR 575.694 million a year ago. Profit from ordinary activities before taxation was INR 350.850 million compared to INR 501.050 million a year ago. Net profit was INR 256.301 million or INR 14.49 per basic and diluted share before and after extraordinary items (not annualized) compared to INR 335.980 million or INR 18.99 per basic and diluted share before and after extraordinary items (not annualized) for the same period a year ago.