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Agro Tech Foods reports 14% rise in Q4 net profit

25 Apr 2013 Evaluate

Agro Tech Foods has reported results for fourth quarter and year ended March 31, 2013

The company has posted a rise of 13.58% in its net profit at Rs 13.88 crore for the quarter ended March 31, 2013 as compared to Rs 12.22 crore for the same quarter in the previous year. Total income from operation of the company has increased by 17.12% at Rs 205.15 crore for quarter under review as compared to Rs 175.16 crore for the quarter ended March 31, 2012.

For the year ended March 31, 2013, the company has posted a rise of 15.22% in its net profit at Rs 41.64 crore as compared to Rs 36.14 crore for the same period in the previous year. Total income from operation has increased by 11.98% at Rs 788.92 crore for year under review as compared to Rs 704.54 crore for the period ended March 31, 2012.

Agro Tech Foods has recommended declaration of Rs 2.00 as dividend per share for the Financial Year 2012-13, subject to the approval of shareholders.

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