Gandhi Special Tubes has reported results for its third quarter ended December 31, 2011.
The company has posted a 23.12% rise in net profit of Rs 8.04 crore for the quarter ended December 31, 2011 as compared to Rs 6.53 crore for the same quarter in the previous year. Total income has increased by 19.56% from Rs 22.96 crore for Q3FY11 to Rs 27.45 crore in the quarter under review.
The company has declared an interim dividend of Rs 6 per share or 120% of Rs 5 each aggregating to Rs 10.25 crore inclusive dividend tax for the year ending March 31, 2012.
