During 2007-08, the company's net sales stood at Rs 578.26 crore, 40 per cent higher as against Rs 413.11 crore recorded in FY06-07, a company release said here today.
The earnings per share for this period were at Rs 18.16 as against Rs 16.30 in the previous financial year, the release said.
For the Q4 of the FY08, the company reported net profit of Rs 13.31 crore, as against Rs 12.93 crore and net sales at Rs 176.70 crore compared to Rs 125.13 crore during the same quarter ended March 31, 2007.
"During the year, we have launched several value-added products on the market which has resulted in 40 per cent growth in business. Our real estate projects are on track and we will contribute to our margins in FY09," Nitco Tiles Managing Director, Vivek Talwar said.
