Punjab Chemicals has posted a net profit of Rs 11.57 crore for the quarter ended March 31, 2006 (Q4 FY 05-06) as compared to Rs 3.12 crore for the corresponding quarter previous year. Total Income (net of excise) has increased to Rs 144.73 crore for Q4 FY 05-06 from Rs 37.21 crore in Q4 FY 04-05.
The company has posted a net profit of Rs 16.7crore for the year ended March 31, 2006 (FY 05-06) as compared to a net profit of Rs 8.03 crore for the year ended March 31, 2005 (FY 04-05). Total Income (net of excise) has increased to Rs 266.48 crore for FY 05-06 from Rs 164.43 crore in FY 04-05.
The board of directors have recommended a dividend at the rate of 40% (previous year 40% on standalone basis) i.e. Rs 4 (previous year Rs 4 on standalone basis) for each equity share of Rs 10 on the increased capital
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