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Opto Circuits reports 81% surge in its Q4 net profit

18 May 2011 Evaluate

Opto Circuits (India) has reported results for the quarter and the year ended March 31, 2011

The company’s net profit for the fourth quarter has surged by 81.35% at Rs 79.83 crore as compared to Rs 44.02 crore for the same quarter last year. Its total income has increased by 54.19% at Rs 203.92 crore for the quarter under review from Rs 132.25 crore in the corresponding previous quarter.

The company has registered growth of 66.03% in its net profit for the current year at Rs 244.13 crore as compared to Rs 147.04 crore for the previous year. Its total income has increased by 38.64% at Rs 639.02 crore for the year from Rs 460.93 crore in previous year.

Opto Circuits (India) has recommended dividend of Rs 4.50 per share on equity shares of Rs 10 each of the company, subject to the approval of the share holders in the Annual General Meeting.

Opto Circuits (I) Share Price

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