TNPL FY06 net zooms 112%

Tamil Nadu Newsprint & Papers (TNPL) has posted a net profit of Rs 80.55 crore for FY06 as compared to Rs 37.95 crore for FY05.

According to an official release issued by TNPL to the BSE today, total income increased to Rs 801.41 crore in FY06 from Rs 668.22 crore in FY05.

The company's net profit for Q4FY06 is Rs 34.60 crore as compared to Rs 23.83 crore for Q4FY05. Total income has increased to Rs 221.07 crore for Q4FY06 from Rs 184.07 crore in Q4FY05, the release said.

The board has recommended a final dividend of 15%, taking the total dividend for the year to 30%, after adding the interim dividend of 15%, already paid, the release added.