SALES UP 38%
Financial Highlights - 12 months ended 31.03.2009
Net Sales: Rs 1838.04 crores i.e. increase by Rs 506.81 crores (+ 38.07 %) as against Rs. 1331.23 crores of the previous year ended as on 31.03.2008.
Profit Before exceptional items: Rs 209.05 crores i.e. increase by Rs 98.39 crores (+ 88.91 %) as against Rs. 110.66 crores of the previous year ended as on 31.03.2008.
Net Profit: Rs 140.39 crores i.e. increase by Rs 88.37 crores (+ 169.88 %) as against Rs. 52.02 crores of the previous year ended as on 31.03.2008.
Earning Per share (Diluted): Rs 4.65 i.e. increase by Rs 3.09 (+ 198.08 %) as against Rs. 1.56 of the previous year ended as on 31.03.2008.
Dividend: The Directors recommended a dividend @ Rs.1.25 per share i.e.125% for the year ended March 31,2009.
Status of Integrated Steel Project
Integrated Steel Project: The status of 2.2MTPA Integrated Steel Project is also is progressing satisfactorily. The site activities works have already commenced and the company is hopeful to commission the project as per schedule.
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