Performance for the 12 months ended Mar 19

For 12 months ended Mar 19, net sales were up by 18% to Rs 3174.74 crore. OPM was higher by 240 bps to 15.9% thus resulting in a 38% increase in OP to Rs 503.39 crore. Other income was up by 114% to Rs 70.87 crore. Interest cost stood at Rs 3.48 crore as compared to Rs 0.28 crore for 12 mths ended Mar 18. Depreciation was up by 5% to Rs 15.89 crore, leading a 46% increase in PBT to Rs 554.89 crore. After providing total tax of Rs 196.05 crore, PAT for 12 months ended Mar 19 stood at Rs 358.84 crore up by 44% YoY.

The board of directors have recommended a dividend of Rs 45 per equity share of face value of Rs 10 each for FY 19