Financial Daily from THE HINDU group of publications
Friday, Apr 21, 2006
Financial Daily from THE HINDU group of publications Friday, Apr 21, 2006 |
|
|
|
|
|
|
|
Corporate Results
-
Textiles Indo Rama Q4 net down 78% Our Bureau
New Delhi , April 20 Indo Rama Synthetics (India) Ltd (IRSL) today reported a 78.27 per cent dip in net profit at Rs 3.5 crore for the quarter ending March 31, as compared to Rs 16.11 crore in the corresponding period of the last year. Total income (net of excise) was down 5.18 per cent to Rs 528.03 crore (Rs 556.93 crore). For the financial year ended March 31, the company has posted a 26.17 per cent decline in net profit at Rs 51.83 crore (Rs 70.21 crore). However, total income increased 1.53 per cent at Rs 1,933.67 (Rs 1,904.42 crore). The board of directors of the company has recommended a dividend of Rs 3 per share for 2005-06. "Last year, we had credit of Rs 6.61 crore under the deferred tax charge head, during the fourth quarter while this year our liability was Rs 3.15 crore,'' Mr O.P. Lohia, CMD, said, referring to the reasons for the dip in profits.
More Stories on : Textiles
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2006, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|