Stationery products maker Camlin today said it has reported a 71.87 per cent increase in its net profit at Rs 4.40 crore for the quarter ended on March 31, 2010.
Total income of the company rose by 22.1 per cent to Rs 91.93 crore for the quarter ended March 31, compared to Rs 75.23 crore during the same period in the previous fiscal, the company said in a statement.
The firm has recommended a dividend of 50 per cent or Rs 0.50 per share.
"The results showcase the consistent performance of the company over the last few years. It is also symbolic of the top line growth and bottom line improvement," Camlin Chairman and Managing Director Dilip Dandekar said.
For the financial year ended on March 31, 2010, the company posted a net profit of Rs 12.04 crore as against Rs 6.11 crore in the previous fiscal.
The company reported a total income of Rs 330.79 crore for the year ended March 31, 2010, compared to Rs 283.65 crore in the previous fiscal.
Shares of Camlin were trading at Rs 28 on the Bombay Stock Exhcange (BSE), up 0.18 per cent from previous close.