ACC FY07 net up 15% at Rs 1,427cr

ACC today announced a 15.14%  increase in net profit at Rs 1,427.34 crore for the year ended December 31, 2007 when compared with Rs 1,239.60 crore for the year ended December 31, 2006.

According to a release issued to the BSE, total income increased to Rs 7,189.43 crore in FY07 from Rs 5,984.56 crore in FY06.

The company, on a standalone basis, reported a net profit of Rs 1,438.59 crore in FY07 as against Rs 1,231.84 crore in FY06. Total income increased to Rs 7,135.97 crore from Rs 5,945.13 crore in FY06.

The board today approved a final dividend of Rs 10 per share for FY07.

Along with the interim dividend of Rs 10 per share paid earlier, the total dividend for FY07 is Rs 20, the release added.