Performance for 12 months ended Mar 18

Net sales for 12 months ended Mar 18 stood at Rs 526.18 crore up by 36% YoY. OPM of the company stood at 12.1% due to better realization and higher volumes. Thus, the overall OP level for 12 ended Mar 18 stood at Rs 63.79 crore up by 119% YoY. Interest cost was lower by 45% to Rs 1.57 crore and depreciation was flat at Rs 12.14 crore. There was an EO expense of Rs 1.43 crore pertaining to merger related expenses. Thus PBT after EO stood at Rs 55.78 crore up by 28% YoY. After providing for total tax of Rs 17.14 crore, up by 103%, PAT for 12 months ended Mar 18 stood at Rs 38.64 crore up by 10%.

The company declared a dividend of Rs 6 per equity share of face value of Rs 5 each.