Performance for the 12 months ended Dec 17

For the 12 months ended Dec'17, net sales were up by 11% to Rs 911.27 crore. OPM was lower by 10 bps to 18.2% restricting the OP growth to 10% to Rs 165.91 crore. Other income was higher by 2% to Rs 13.22 crore. Depreciation was up by 8% to Rs 29.78 crore, thus PBT was up by 7% to Rs 144.91 crore. After providing total tax of Rs 50.46 crore, up by 7%, PAT for the 12 months ended Dec 17 was up by 6% YoY to Rs 94.45 crore.

The Board of directors recommended a dividend of Rs 6.75 per share of face value of Rs 10 each for CY 2017.