Performance for the 12 months ended Mar 18

For the 12 months ended Mar 18, net sales were up by 29% to Rs 18189.04 crore. OPM was lower by 20 bps at 2% which resulted in OP of Rs 361.77 crore, up by 17%. Other income was lower by 15% to Rs 203.11 crore. Interest cost was lower by 13% to Rs 117.28 crore. Depreciation was higher by 5% which resulted in a PBT growth of 9% YoY to Rs 444.72 crore. Total tax stood at Rs 125.57 crore, up by 6% which resulted in a PAT growth of 10% to Rs 319.18 crore, for the 12 months ended Mar 18.

Total volumes traded in Mar 18 quarter stood at 11.8 Billion Units (BU), up by 16% YoY. Total volumes for 12 months ended Mar 18 stood at 57.02 BU up by 18% YoY.

Margins per unit (without rebate and surcharge) for FY 18 stood at 0.043 as compared to 0.049 for FY 17.

The board declared a dividend of Rs 4 per equity share of face value of Rs 10 each.