Swaraj Engines today reported 20.20% rise in its net profit for the quarter ended March 31, 2011, at Rs 11.07 crore.
The company had posted a net profit of Rs 9.21 crore in the corresponding period last year, Swaraj Engines said in a filing to the Bombay Stock Exchange (BSE).
The total operating income during the fourth quarter of last fiscal increased by 26.94% to Rs 96.93 crore from Rs 76.36 crore in the year-ago period, it added.
For the entire 2010-11 financial year, Swaraj Engines' net profit rose by 17.56% to Rs 43.91 crore from Rs 37.35 crore in the previous fiscal.
The total operating income during last fiscal stood at Rs 360.63 crore as against Rs 282.44 crore in 2009-10, up 27.68%, the filing said.
The board of the company recommended a 100% dividend, which is Rs 10 per equity share on face value of Rs 10 each.
Shares of the company today jumped up 3.10% over the previous close to end the day at Rs 468.50 on the BSE.