Texmaco Q4 net up 195% at Rs 30.48 cr

New Delhi, May 16 (UNI) K K Birla Group firm Texmaco Ltd today said its net profit has increased 195 per cent to Rs 30.48 crore in the quarter ended March 2008, over the corresponding period last year.

Its sales stood at Rs 213.07 crore during the period under review, against Rs 109.85 crore last year.

However, net profit for FY08 was Rs 69.09 crore, up by 143 per cent over the previous fiscal.

Net sales for FY08 also scaled up by 81.5 per cent to Rs 693.47 crore.

It has recommended a dividend of 75 per cent.

The Board also approved stock-spilt of equity share of Rs 10 each into 10 shares of Re one each.

UNI SR PDT KN2047