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MUMBAI: Printing inks maker Micro Inks on Monday announced a net profit of Rs 66.63 crore for the financial year ended December 31, 2007. The company earned a total income of Rs 1,504.27 crore during the year. The results of the firm are not comparable with the previous year's as Micro Inks had last year invested about Rs 17.87 crore in its Austria-based arm Micro Inks GmbH, which in turn spent $4 million for acquiring US-based Hostmann-Steinberg Inc, the company informed the BSE.

It announced a standalone net profit for the financial year at Rs 68.12 crore and standalone total income of Rs 1,152.66 crore for the year. The company has declared an annual dividend of Rs 6 on shares of Rs 10 each (60 per cent). Shares of the firm w ere trading at Rs 346.05, up 7.89 per cent, in the late morning on the BSE. - PTI

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