United Phosphorous Limited (UPL) announced on Monday that it has posted a net profit of Rs.320.91 crore for the quarter ended 30 September, up 59% compared to the corresponding period last year. 

According to a statement on the standalone un-audited financial results filed with the Bombay Stock Exchange (BSE), UPL's Q2 net profit rose by Rs.119.46 crore compared to the net profit of Rs.201.45 crore posted in the year-ago period. 

The company's total income from operations rose to Rs.1, 562.15 crore in the quarter under review from Rs.1, 382.46 crore (q-o-q). 

UPL posted a net profit of Rs.185.21 crore after taxation, minority interest and share of profit of associates in the quarter ended 30 September this fiscal.

The company operates in 123 countries and offers crop protection products, intermediates, specialty chemicals and industrial chemicals.