Performance for the 12 months ended Mar 17

For 12 months ended Mar 17, net sales were up by 10% to Rs 2410.07 crore. OPM was higher by 190 bps to 11.9% thus resulting in a 31% increase in OP to Rs 285.89 crore. Other income was up by 59% to Rs 38.03 crore. Interest cost stood at Rs 38 lakh. Depreciation was up by 6% to Rs 16.35 crore, leading a 36% increase in PBT to Rs 307.31 crore. After providing total tax of Rs 108.76 crore, PAT for 12 months ended Mar 17 stood at Rs 198.55 crore up by 41% YoY. There was a piro period tax of Rs 29.10 crore paid in Mar 17 quarter, thus PAT for FY 17 after PPI stood at Rs 169.45 crore, up by 20% .

The company has recommended a dividend of Rs 10 each per equity share of face value of Rs 10 each for FY 17.