Finolex Industries has reported results for the quarter & year ended March 31, 2013.
The company has registered 41.42% rise in its net profit after tax and minority interest at Rs 79.35 crore in Q4FY13 as compared to Rs 56.19 crore in the same quarter previous year. However, the total income from operation of the company has increased by 6.17% to Rs 629.58 crore as compared to Rs 593.00 crore in corresponding quarter last year.
For the full year, the company has reported a net profit after tax and minority interest at Rs 136.14 crore for the year ended March 31, 2013, rise of 81.16% as compared to Rs 75.15 crore for the year ended March 31, 2012. Total income from operation has increased to Rs 2144.82 crore in FY13 from Rs 2099.78 crore in FY12, up marginally by 2.14%.
Finolex Industries has recommended dividend of 55% or Rs 5.50 per share for the financial year 2012-2013.
