Kalyani Group firm Kalyani Steels Ltd today reported a net profit of Rs 43.33 crore for the year ended March 31, 2010.
The company had a net profit of Rs 3.30 crore for the year ended March 2009, Kalyani Steels said in a filing to the Bombay Stock Exchange.
"In view of the demerger of the Investment division, the above results and capital employed are not comparable," the filing added.
Total income stood at Rs 1,058 crore for the fiscal ended March 31, while it had a total income of Rs 992.81 crore in the same period previous fiscal.
The board of the company has proposed a dividend of Rs 1.25 per share to the shareholders of the company.
Shares of Kalyani Steels were trading at Rs 92.80 on the BSE, up 13.73 per cent from its previous close.
