Net sales for the year ended March 2008 increased by 15% to Rs 150.91 crore. OPM of the company inclined by 186 basis points to 18% due to decrease in raw material cost. Other income of the company increased by huge 342% to Rs 2.01 crore. As a result, the net profit of the company has increased by 65% to Rs 15.55 crore.

Commenting on the Q1 FY09 performance Mr. Mukesh Dhruve, Director, Repro India Limited said, "India is on the growth path and the world is looking at Repro India Limited as a global outsourcing unit and with Repro’s new Surat SEZ being implemented, the constraint of capacity will be reduced. Repro will be aggressive with its existing customers across the globe which includes customers like McGraw Hill, Longman Pearson, Macmillan, Oxford, Evan and so on."

For quarter ended June 08

The company’s net sales for the quarter ended June 2008 increased by 26% to Rs 46.26 crore. Exports during the quarter stood at 47% of sales as against 39% of sales in Q1 FY08.

OPM of the company increased by 233 basis points to 19.1%. This is due to decrease in raw material cost by 90 basis points to 53%, other expenditure by 70 basis points to 21% and employee cost by 2 basis points to 9% to adjusted net sales. As a result of it, the operating profit of the company inclined by 43% to Rs 8.84 crore.

Other income of the company inclined by huge 935% to Rs 0.26 crore. As a result, profit before interest, depreciation and tax has increased by 47% to Rs 9.10 crore. Interest paid by the company during the quarter decreased by 24% to Rs 0.85 crore while depreciation has increased by 10% to Rs 1.63 crore. As a result, the profit before tax increased by 84% to Rs 6.62 crore.

Tax outgo has increased by 154% to Rs 1.48 crore. Despite it, the net profit of the company increased by 70% to Rs 5.15 crore due to increase in margin.

For the year ended March 08

Net sales for the year ended March 2008 increased by 15% to Rs 150.91 crore. OPM of the company inclined by 186 basis points to 18% due to decrease in other expenditure by 208 basis points to 19% to adjusted net sales. However, raw material cost and employee expenses each increased by 10 basis points to 54% and 10% to adjusted net sales. As a result, the operating profit of the company inclined by 29% to Rs 27.11 crore.

Other income of the company increased by huge 342% to Rs 2.01 crore leading to an increase of 35% in the PBIDT to Rs 29.12 crore. Interest cost increased by 58% to Rs 4.28 crore. Depreciation has increased by 14% to Rs 6.38 crore. The profit before tax has increased by 40% to Rs 18.47 crore.

Total tax outgo decreased by 23% to Rs 2.91 crore. As a result, the net profit of the company has increased by 65% to Rs 15.55 crore due to increase in margin and other income.

The scrip closed at Rs 112.95 at BSE on 18^th July 2008