Consolidated performance for 12 months ended Mar 18

For 12 months ended Mar 18, consolidated net sales were up by 16% to Rs 1547.83 crore. OPM was up by 70bps and stood at 13.1% resulting in a 22% increase in OP to Rs 202.28 crore. Other income was down by 13% to Rs 6.72 crore. Interest cost was up by 9% at Rs 35.88 crore and depreciation was up by 5% to Rs 42.84 crore. Thus, PBT was up by 31% to Rs 130.28 crore. After providing total tax of Rs 39.23 crore, PAT for 12 months ended Mar 18 stood at Rs 91.05 crore. After providing share of loss from JV of Rs 23 lakh and MI of Rs 11.37 crore, consolidated PAT for 12 months ended Mar 18 stood at Rs 79.45 crore, up by 23% YoY.

Board has recommended a dividend of Rs 1 per share of face value of Rs 10 for FY 18.