IFGL Refractories Limited (IFGL) has won CAPEXIL’s Special Export Award for the sixth consecutive year during 2007-2008. IFGL’s exports in 2007-2008 were Rs. 1,010.54 million compared with Rs. 870.48 million for 2006-2007. Consequently, during 2007-2008 IFGL’s exports registered a growth of over 16 per cent.
IFGL’s Total Income, profit before tax and profit after tax on consolidated basis, for 2007-2008 were Rs 3797.98 million, Rs 408.88 million and Rs 285.62 million, respectively, which have been higher by Rs 559.04 Million (17.26%), Rs 36.83 Million (9.90%) and Rs 22.50 Million (8.58%) compared with 2006-2007. Earning per Share on stand alone and consolidated basis has been Rs 4.87 and Rs 8.23 compared with Rs 4.74 and Rs 7.58 relating to the previous year. IFGL paid a divided of 20% i.e. Rs 2 per equity share for 2007-2008 against 17.5% for the previous year.
