ICI India FY06 net at Rs 49.01cr

ICI India has posted a consolidated net profit of Rs 49.01 crore for FY06 as compared to Rs 48.57 crore for FY05.

According to an official release issued to the BSE today, consolidated total income increased 15% to Rs 1,026.57 crore for FY06 when compared with Rs 892.20 crore for FY05.

The company posted a net profit of Rs 10.61 crore for Q4FY06 as compared to a net loss of Rs 1.01 crore for Q4FY05. Total income is Rs 193.03 crore for Q4FY06 as compared to Rs 188.18 crore for Q4FY05.

The board has recommended a dividend of Rs 6 per share for the year.