In the last quarter of previous fiscal company's total income increased by 78 per cent to Rs 1,013.9 crore as compared to Rs 567.46. NLC's total expenditure grew by 31.07 per cent to Rs 555.43 crore from Rs 423.78 crore.
NLC's profit after tax for 2007-08 increased to Rs 1101.57 crore from Rs 566.78 crore in 2006-07, an increase of 94 per cent. Total income during the year increased by 34 per cent to Rs 3,638.07 crore from Rs 2,705.19 crore in 2006-07.
NLC's Board Of Directors announced 20 per cent dividend for 2007-08 that would result in a fund outflow of Rs 335.54 crore.
Speaking to reporters J N Prasanna Kumar, director