Kavveri Telecom Products has reported results for the quarter and the year ended March 31, 2011.
The company’s net profit for the fourth quarter has rose by 16.54% at Rs 7.75 crore as compared to Rs 6.65 crore for the corresponding quarter last year. Total income has increased by 37.19% at Rs 76.25 crore for the quarter under review from Rs 55.58 crore in the corresponding previous quarter.
The company has registered a growth of 9.53% in its net profit for FY11 at Rs 34.12 crore as compared to Rs 31.15 crore for FY10. Total Income has jumped 27.41% at Rs 259.53 crore for the year from Rs 203.70 crore in previous year.
On consolidated basis, the group’s net profit for the year has soared 56.13% at Rs 39.47 crore as compared to Rs 25.28 crore for the year ended March 31, 2010. Total income for the year has increased by 29.24% at 314.63 crore as compared to Rs 243.43 crore for the previous year.
Kavveri Telecom Products has recommended a final dividend of Rs 1.5 per share of the face value of Rs 10 per share.
