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Bombay Dyeing reports 75% rise in its Q4 net profit

25 May 2011 Evaluate

Bombay Dyeing & Manufacturing Company has announced the results for the quarter and year ended March 31, 2011.

The company has reported a surge of 75.10% in its net profit to Rs 81.95 crore for the fourth quarter as compared to Rs 46.80 crore for the same quarter last year. Total income has increased by 18.47% to Rs 638.46 crore for the quarter to from Rs 538.91 crore in the same quarter previous year.

The company has posted a net profit of Rs 21.39 crore for FY11, rose by 16.12% as compared to Rs 18.42 crore in the last year. Total income has increased by 16.48% to Rs 1950.01 crore for the year from Rs 1674.08 crore in last year.

Bombay Dyeing & Manufacturing Company has recommended a dividend of Rs. 3.50 per equity share of Rs. 10 each for the year ended March 31, 2011.

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