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VST Industries’ Q4 net surges 37%

18 Apr 2012 Evaluate

VST Industries has reported 36.54% jump in its net profit of Rs 36.73 crore for the fourth quarter ended March 31, 2012 as compared to Rs 26.90 crore for the same quarter previous year.

Total income has increased from Rs 158 crore for the quarter under review to Rs 196 crore for the corresponding quarter previous year. During the quarter, the operating profit margin increased 324 bps to 24.52% from 21.28% for the same period last year.

Meanwhile, the company has recommended dividend for the year 2011-12 - Rs 65 (2010-11- Rs 45) a share of Rs 10 each.

Peers
Company Name CMP
ITC 269.00
Godfrey Phillips Ind 1970.00
VST Industries 205.05
Indian Wood Products 35.51
NTC Industries 136.80
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