Annual performance
Sales were higher by 20% to Rs 592.02 crore and as OPM stand contracted by 160 bps to 10.1% the growth at operating profit restricted to 4% to Rs 59.74 crore. Other income was higher by 39% to 69.01 crore. The interest cost was Rs 47 lakh (down 11%) and depreciation was Rs 5.04 crore (up 6% ). Thus the PBT was up by 21% to Rs 123.24 crore. EO income was nil for the period as well as corresponding previous period. The taxation was up by 24% to Rs 40.48 crore and the tax rate was up at 32.8% compared to 31.9% in the corresponding previous period. Thus gained, the PAT before EO (net of tax) was up by 19% to Rs 82.76 crore.
The stock was hovering around Rs 458.50.