Albright & Wilson Chemicals India said that the net loss for the fourth quarter ended December 31, 2008 widened to Rs.356.00 lakh from Rs.22.00 lakh in the same quarter last year. Total income decreased to Rs.2228.00 lakh from Rs.4041.00 lakh in the year ago quarter.

The company recommended dividend of 15% or Re.1.50 per share in the year 2008.

On an annual basis, the company reported net profit of Rs.1375.00 lakh in the year ended December 31, 2008 compared to net loss of Rs.445.00 lakh in the previous year. Total income increased to Rs.15770.00 lakh from Rs.13491.00 lakh in the last year.

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