Ushdev International has reported results for fourth quarter and year ended March 31, 2013
The company has posted a rise of 80.96% in its net profit at Rs 57.58 crore for the quarter ended March 31, 2013 as compared to Rs 31.82 crore for the same quarter in the previous year. Total income from operation of the company has increased by 45.42% at Rs 3008.83 crore for quarter under review as compared to Rs 2069.01 crore for the quarter ended March 31, 2012.
For the year ended March 31, 2013, the company has posted a rise of 74.65% in its net profit at Rs 126.34 crore as compared to Rs 72.34 crore for the same period in the previous year. Total income from operation has increased by 52.17% at Rs 8883.60 crore for year under review as compared to Rs 5837.91 crore for the period ended March 31, 2012.
Ushdev International has recommended dividend on equity shares at 21% per annum (i.e. Re 2.10 per equity share) subject to approval of the shareholders at the Annual General Meeting.
