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Chennai April 27 Tube Investments of India has reported sales of Rs 468.28 crore for the fourth quarter of this fiscal, as against Rs 384.20 crore for the same period last year.

Net profit for the quarter was at Rs 19.41 crore (previous year 90.68 crore), which includes one time income of Rs 0.39 crore (previous year Rs 89.40 crore).

The board has recommended a dividend of Rs 1.50 per equity share of face value Rs 2 for the year. The turnover for the year was Rs 1,761.84 crore, which is 11 per cent higher than that of the previous year. The increase came through higher volumes in all businesses. The profit before tax (PBT) for the year was at Rs 195.31 crore.

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