For the fourth quarter, Net Turnover registered a growth of 16.7% to touch Rs. 3934 crores while pre-tax profit at Rs.1084 crores grew by 15.3%. Post-tax profit at Rs. 736 crores represents an underlying growth of 14.1% after adjusting for income tax refunds.
The Board of Directors recommended a dividend of Rs. 3.50 per Ordinary share of Re.1/- each (Previous year: Rs.3.10 per share). This will entail a total cash outflow of Rs. 1543 crores, comprising proposed dividend of Rs. 1319 crores and income tax on the proposed dividend of Rs. 224 crores.
Branded Packaged Foods
The Branded Packaged Foods business continued to expand rapidly with sales growing by 57% over the previous year. The impressive scale up spanned all categories, attesting the market standing and consumer franchise of the Company's brands. The unwavering commitment to benchmarked high quality standards has enabled