Somany Ceramics has registered a jump of 6.42% in net profit at Rs 8.46 crore for the fourth quarter ended March 31, 2012, compared with a profit of Rs 7.95 crore for the same quarter a year ago.
The company’s total income surged 15.64% to Rs 276.25 crore for the quarter under review as compared to Rs 238.88 crore for the corresponding quarter previous fiscal.
The PSU firm’s net profit for the full financial year 2011-12 rose 5.63% to Rs 24.75 crore in the year under review as against Rs 23.43 crore in FY11. Total income increased by 22.14% to Rs 873.23 crore for the year ended March 31, 2012 from Rs 714.93 crore in FY11.
Somany Ceramics has informed that the board of directors of the company at its meeting held on May 19, 2012, has recommended a dividend of Rs. 0.80 per share on equity shares for the year ended March 31, 2012.
