Vakrangee Softwares today said its consolidated net profit rose over five-fold to Rs 23.54 crore for the year ended March 2010.
The company had a consolidated net profit of Rs 4.40 crore in the same period a year-ago, Vakrangee Softwares, an integrated document and printing services provider, said in a filing to the Bombay Stock Exchange (BSE).
Income from sales also rose to Rs 427.52 crore in the year ended March 2010, from Rs 294.31 crore in the corresponding period a year-ago.
The board of directors has proposed a dividend of Rs 1.50 per equity share on the face value of Rs 10 each to the shareholders.
For the year ended March 2010, the company had a standalone net profit of Rs 24.13 crore, while it had a net profit of Rs 4.42 crore in the same period previous year, the filing added.