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Our Bureau

Mumbai, May 23

Pidilite Industries Ltd has posted a net profit of Rs 13.97 crore for the fourth quarter compared to Rs 17.79 crore posted during the same quarter previous year. Total income (net of excise) has increased to Rs 210.22 crore (Rs 173.02 crore). For the fiscal 2005-06, the company has posted a net profit of Rs 90.68 crore up from the previous year'sRs 76.57 crore.

Total income (net of excise) moved up to Rs 925 crore (Rs 779.55 crore). The company's board has recommended a dividend of Rs 1.25 per equity share of Re 1 each (125 per cent). Shares of Pidilite ended nearly unchanged at Rs 106.05 on BSE.

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