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Sunday, May 18, 2008

Texmaco Q4 net at Rs 30.48 cr; up 195%



Kolkata: K K Birla group company Texmaco Ltd on Friday reported a net
profit of Rs 30.48 crore in the quarter ended March, 2008, showing a
growth of 195 per cent over the corresponding period last year.

The sales were worth Rs 213.07 crore during the period under review,
against Rs 109.85 crore last year.

However, net profit for the entire year 2007-08 was Rs 69.09 crore for
the year ended 2007-08, up by 143 per cent over the previous year.

The net sales also scaled up by 81.5 per cent to Rs 693.47 crore
during the year. The company recommended a dividend of 75 per cent.

Texmaco board also approved stock-spilt of equity share of Rs 10 each
into 10 shares of Re 1 each.

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