Steel castings maker, Steelcast has registered a robust 137.93% jump in net profit at Rs 4.14 crore for the fourth quarter ended March 31, 2012 as compared to Rs 1.74 crore in the corresponding period previous year. The company’s net sales during the quarter stood at Rs 71.27 crore, higher by 86.23% compared to Rs 38.27 crore in the same quarter of previous fiscal.
For the financial year ended March, 2012, the company’s net profits zoomed 226.62% to Rs 14.11 crore as against Rs 4.32 crore in the previous fiscal. The total income for the fiscal 2012 stood at Rs 237.97 crore showing a growth of 77.87% over Rs 133.79 crore reported in the previous fiscal.
Steelcast has declared 1:1 bonus share for the year 2011-12, also a dividend of 60% or Rs 6 per share, including interim dividend of 20% or Rs 2 per share was declared for the fiscal.
| Company Name | CMP |
|---|---|
| AIA Engineering | 3958.20 |
| Alicon Castalloy | 684.70 |
| Nelcast | 141.10 |
| Steelcast | 295.55 |
| Synergy Green Inds. | 514.80 |
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