Micro Inks Q4 net down 77.58 pc, dividend at 60 pc

Mumbai, Apr 29 (UNI) Micro Inks Ltd has posted a net profit of Rs 5.92 crore for the quarter ended March 31, 2006 as compared to Rs 26.41 crore for the the corresponding quarter in the last fiscal, a decline of 77.58 per cent.

Announcing the results, the company said its total income has increased from Rs 234.67 crore in Q4 FY 05 to Rs 238.10 crore for Q4 FY 06.

It has posted a net profit of Rs 60.91 crore for the year ended March 31, 2006 as compared to Rs 107.57 crore for the previous fiscal year. Total income has increased from Rs 844.65 crore in FY 05 to Rs 923.40 crore for FY 06.

The board of directors has recommended dividend of 60 per cent for this fiscal.

UNI SN PP SKB1904