REL Q4 net rises to Rs 169.47 cr, total dividend @ Rs 5 per share

Mumbai, Apr 19 : Reliance Energy Ltd has posted a profit after tax of Rs 169.47 crore for the quarter ended March 31, 2006 (Q4 FY 05-06) as compared to Rs 147.93 crore for the quarter ended March 31, 2005 (Q4 FY 04-05).

Announcing the results, the company said its total income has decreased from Rs 1,589.94 crore in Q4 FY 04-05 to Rs 1,224.45 crore million for Q4 FY 05-06.

It has posted a profit after tax of Rs 650.34 crore for the year ended March 31, 2006 (FY 05-06) as compared to Rs 520.29 crore for the year ended March 31, 2005 (FY 04-05). Total Income has increased from Rs 4592.55 crore in FY 04-05 to Rs 4607.88 crore for FY 05-06.

The board of directors has recommended, in addition to a quarterly interim dividend of Rs 1.20 per equity share of Rs 10 each, a final dividend of Rs 3.80 per equity share of Rs 10 each making total dividend of Rs 5.00 per equity share for the year ended March 31, 2006, subject to approval by shareholders at their ensuing 77th annual general meeting.

UNI