Performance for the 12 months ended Dec 18

For the 12 months ended Dec 18, net sales were up by 2% to Rs 925.07 crore. OPM was lower by 221 bps to 15.9% resulting in further fall in OP by 11% to Rs 147.41 crore. Other income was higher by 72% to Rs 22.77 crore. Depreciation was down by 7% to Rs 27.81 crore, thus PBT was down by 5% to Rs 142.37 crore. There was an EO expense pertaining to VRS expense of Rs 4.44 crore in 12 mths ended Dec 17 as compared to Nil for 12 mths ended Dec 18 period. Thus PBT after EO stood at Rs 142.37 crore down by 2% YoY. After providing total tax of Rs 49.85 crore, down by 1%, PAT for the 12 months ended Dec 18 was down by 2% YoY to Rs 92.52 crore.  

Declared final dividend of Rs 7 per equity share of face value of Rs 10 each