Performance for the 12 months ended Mar 18

For 12 months ended Mar 18, net sales were up by 12% to Rs 2689.98 crore. OPM was higher by 160 bps to 13.5% thus resulting in a 27% increase in OP to Rs 363.59 crore. Other income was down by 13% to Rs 33.12 crore. Interest cost stood at Rs 0.28 crore up by 8% YoY. Depreciation was down by 7% to Rs 15.20 crore, leading a 24% increase in PBT to Rs 381.23 crore. After providing total tax of Rs 131.50 crore, PAT for 12 months ended Mar 18 stood at Rs 249.73 crore up by 26% YoY. There is a PPI of Rs 29.10 crore for FY 17 as compared to Nil for FY 18, thus PAT after PPI for FY 18 stood at Rs 249.73 crore and is up by 47%.

The board has recommended a dividend of Rs 32 per equity share of face value of Rs 10 each.