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Ponni Sugars Erode has posted a net profit of Rs 5.04 crore for the quarter ended March 31, 2006 (Q4 FY 05-06) as compared to a net profit of Rs 2.99 crore for the corresponding quarter previous year. Total income (net of excise) has increased to Rs 43.08 crore for Q4 FY 05-06 from Rs 22.38 crore in Q4 FY 04-05.
The audited results are as follows
The company has posted a net profit of Rs 11.36 crore for the year ended March 31, 2006 (FY 05-06) as compared to Rs 6.02 crore for the year ended March 31, 2005 (FY 04-05). Total income (net of excise) has increased to Rs 137.38 crore for FY 05-06 from Rs 90.3 crore in FY 04-05.
The board of directors has recommended a dividend of 18% on equity shares.
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