Performance for the 6 months ended Sep'16

For the 6 months ended Sep'16, net sales stood at Rs 317.84 crore. OPM improved by 310 bps to 8.4% resulting in OP of Rs 26.67 crore, up by 58%. Other income was up by 28% to Rs 33.77 crore. Interest cost stood at Rs 0.25 crore and depreciation was lower by 19% to Rs 5.18 crore. This has resulted in a PBT of Rs 55.01 crore up by 50%. Total tax stood at Rs 19.29 crore up by 51% resulting in a PAT growth of 49% to Rs 35.72 crore for the 6 months ended Sep'16.

Board of directors have recommended an interim dividend of Rs 3 per equity share of face value of Rs 10 each.