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United Phosphorus shows mixed results

United Phosphorus (UP) registered an increase of 66% in consolidated sales to Rs 8,006.2 million ($198.5 million) in its third fiscal quarter ended December 31st 2008. Agrochemical sales, which account for around 86% of consolidated sales, were about Rs 6,885 million. The rise in revenues was partly due to the contribution from the US agrochemical company, Cerexagri, which UP acquired in early 2007 (Agrow No 513, p 1).

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