BASF India FY12 PAT dips by 14.34 pc at Rs 100.9 cr.

MUMBAI: Leading chemical company BASF India today posted a 14.34 per cent decline in Profit After Tax at Rs 100.9 crore for the year compared last year due to the benefit of carry forward tax losses of merged entities, which was available in the previous year. The company's PAT last year stood at Rs 117.8 crore, BASF India said in a release issued here. BASF India registered an increase of 14.8 per cent in sales during the fiscal year 20112012 at Rs 3,515.9 crore compared to Rs 3,063.9 million in the previous year. "We achieved an increase in sales in FY 2011-2012 in spite of a difficult business environment," BASF India Chairman and Managing Director Prasad Chandran said. The company's focus on customers, cost-efficiencies and an integrated business approach, while increasing its engagement in high growth markets has been highly beneficial, he said. "We will continue to take advantage of improved demand from end-use industries and leverage our product innovations successfully in India," he added. Considering the proposed investment of Rs 1,000 crore for setting up of a new chemical production site at Dahej and to augment the future capital requirements of the company, the Directors have recommended a dividend of Rs 4 per equity share of Rs 10 each for the financial year ended March 31, 2012, it said.

Sample BASF India interview questions

You can use answer samples/tips by clicking links below: 1. Tell me about yourself? 2. Do you know anyone who works for BASF India? 3. Why should BASF India hire you? 4. What can you do for this company? 5. How would your past experience translate into success in this job? 6. Why do you want to work for BASF India? 7. What can you do for BASF India that other candidates cant?

8. Explain how you would be an asset to BASF India? 9. What do you know about BASF India? 10. Please tell me some products/services of BASF India in the market? What are likes/dislikes of them? 11. If you worked for BASF India, what are you doing? 12. Please tell me some products/services that are competitors of BASF Indias in the market? And what are differences? 13. Do you think you are overqualified for this position? 14. How do you propose to compensate for your lack of experience? 15. What qualities do you look for in a boss? 16. Tell me about a time when you helped resolve a dispute between others. 17. What position do you prefer on a team working on a project? 18. What has been your biggest professional disappointment? 19. Tell me about the most fun you have had on the job? 20. What do you do to keep learning and developing your skills in this area?

II. BASF India interview answer tips

1. Identify key goals, tasks, job specs and attributes for BASF India divisions then ask question: How to do, how to become 2. List of basic things that you should prepare for a job interview 3. Listen questions carefully, then ask by your self: what are things related to BASF India divisions before answering. 4. What are the different types of interviews and how to face them? 5. Always ask by yourself: What are proofs that are required for this position? Chemicals producer BASF India today reported 32 per cent increase in net profit to Rs 7.98 crore for the quarter ended March 31, 2012.The company had reported a net profit of Rs 6.03 crore in the year-ago period, it said in a filing to the BSE.

Total income of the company fell marginally by 1.78 per cent to Rs 764.05 crore in the fourth quarter of the last fiscal as compared to Rs 777.61 crore in the same quarter of the 2010-11 fiscal. For the 2011-12 financial year, the net profit of BASF India declined by 14 per cent to Rs 100.86 crore from Rs 117.83 crore in the 2010-11 fiscal. The total income of the company rose by 14.75 per cent to Rs 3,515.94 crore from Rs 3,063.88 crore in the period under review. Earlier this month, BASF India -- a part of global chemicals major BASF -- has announced that it will invest Rs 1,000 crore to set up a new production facility at Dahej in Gujarat. With this new production plant, BASF aims to ensure local supply for growing markets and industries such as appliances, footwear, automotive, construction, adhesives, architectural coatings, paper and personal care. BASF India manufactures tanning agents, crop protection chemicals, textile chemicals and automotive and coil coatings, construction chemicals, among others. Shares of the company today fell by 2.53 per cent to settle at Rs 614.70 a piece on the BSE. Why did you quit your last job? The company has cut down with its focus on the business line my job is responsible for

BASF to launch 7 products in crop protection segment

BASF India will launch seven products in the crop protection segment over the next three years. Mr Prasad Chandran, Chairman and Managing Director, said the focus was to invest in new product development to complement and sustain a strong position in soyabean, fruit and vegetable markets through new herbicides and fungicides. We will gain entry into cereal and corn markets through herbicides, he said. The products being launched are a result of the experience gained over the years and working closely with farmers through the recently launched Samruddhi project targeted at educating them on the right and timely use of chemicals, Mr Chandran added.

Implemented in the soyabean growing belts of Madhya Pradesh, Maharashtra, Chhattisgarh and Andhra Pradesh, the Samruddhi projects educate farmers on preparing the field, seed treatment, spacing between crops and application of chemicals. BASF has spent Rs 20 crore in the one-year soyabean crop season which started last October and covering 103,000 farmers. The company plans to increase this number to 300,000 covering 20 lakh hectares in 2011. Products for other crops We are impressed with the response to Samruddhi from farmers cultivating soyabean and want to cover other crops such as groundnut, guar, apple, potato and chilli. BASF has also received a good feedback from Sri Lanka for Samruddhi which was launched last year, Mr Chandran said. Due to low efficiency in spraying herbicides caused by wrong use of nozzles, the BASF crop protection team launched herbicide spray nozzles in 2010. Besides developing a business model for sale of spray equipment through BASF channels, Samruddhi aims to enhance farmer benefits through efficient use of spray equipment and crop protection products. India is the world's ninth-largest crop protection market which, between 2003 and 08, grew to Rs 4,140 crore from Rs 2,104 crore. The crop protection business of BASF India includes plant growth regulators including chlormequat chloride. In the last six years, it has grown to Rs 512 crore from Rs 174 crore and, last year, contributed to around 35 per cent of the company's revenue. Calendar 2009 was challenging for Indian agriculture when delayed and scarce rains caused food grain production to fall by 7.2 per cent to 217 million tonnes. Despite this difficult environment, the BASF crop protection division continued to grow thanks to new products and marketing initiatives, said Mr Chandran. Productivity up Soyabean, one of the main edible oils in India, is cultivated over 9.6 million hectares. By adopting BASF farming techniques, farmers growing soyabean have managed to reduce input costs and increased productivity by 40 per cent, he said. The research and development sites in Mumbai and Mangalore have special competencies in organic synthesis chemistry, focusing on material and life-science molecules and intermediates for industrial applications. They are part of BASF's Verbund philosophy. BASF's integrated approach to manufacturing, research and management, along with the integration of infrastructure, processes, energy and waste management, is known as Verbund, a German term meaning linked' or integrated'. In early 2008, the company established a research lab in Thane near Mumbai which specialises in organic compound synthesis research.

September 24, 2010 technical market manager for fungicides at BASF