Kanoria Chem, KLG, Liberty Shoes & Vimta Labs Q4 results

CORPORATE SCORECARD

Kanoria Chem net up 30%

Kanoria Chemicals & Industries announced that its consolidated net profit had increased 30 per cent to Rs 29.65 crore for the financial year ended March 2006 from Rs 22.82 crore recorded last year. Turnover increased 6 per cent to Rs 305 crore from Rs 287 crore.

KLG net up 105%

KLG Systel has reported 104.91 per cent growth in net profit to Rs 5.20 crore for the year ended March 2006 compared with Rs 2.53 crore in the previous financial year. Income rose by 40 per cent to touch Rs 51.30 crore as compared with Rs 36.52 crore in the year-ago period.

Liberty Shoes net up 69.5%

Liberty Shoes posted net profit of Rs 5.8 crore for quarter ended March, 69.59 per cent up compared with Rs 3.42 crore for the corresponding quarter last year. Net sales increased 31.31 per cent to Rs 57.66 crore.

Vimta Labs net dips 4.3%

Vimta Labs recorded 4.3 per cent decline in net profit to Rs 13.50 crore for the financial year ended March 2006 as compared with Rs 14.12 crore during the previous year. The company's sales turnover stood at Rs 54.20 crore, registering 3.85 per cent growth over the previous year's turnover of Rs 52.19 crore.

Its board has declared a dividend of 40 per cent on equity shares of Rs 2 each. The company stated that its new life sciences facility in the Genome Valley of Hyderabad was nearing completion. The facility was expected to be commissioned by the end of this quarter.