| The company's total income (net of excise) has increased 18 per cent at Rs 248.8 crore, in the quarter ended March 31, 2005, against a total income of Rs 209.16 crore in the corresponding period of the previous year. |
| The company's net profit for the year ended March 31, 2005, at Rs 95.91 crore, compared with a net profit of Rs 90.16 crore recorded in the year ended March 31, 2004, representing a rise of 6.3 per cent. |
| The company's total income (net of excise) jumped 14.8 per cent at Rs 858.3 crore in the financial years ended March 31, 2005, against a total income of Rs 747.4 crore, posted for the year ended March 31, 2004. |
| Prakash Chabbria, deputy managing director, said, "Despite the uncertain economic conditions prevailing, the net profit has been up. Sharp rise in the oil prices and its cascading effect on the downstream products had an adverse impact on the bottomline in the last two quarters. However, the company's volumes of sales are up as the demand from both agricultural sector and construction industry continues unabated". The company has recommended a dividend of 30 per cent (Rs 3 per share). |
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