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Shree Ganesh Jewellery House (I) Ltd posted a 12 per cent drop in its consolidated net profit to Rs 170 crore for the quarter ended March 31, 2013.
Its income from operations grew by 76 per cent to Rs 3,709 crore.
The company’s board has recommended a dividend of Rs 3 for a share (30 per cent of the paid-up equity share capital) of a face value of Rs 10 each for 2012-13.
The shares of Shree Ganesh closed at Rs 107.65, up by 0.23 per cent on the BSE on Monday.
For the year ended March 31, 2013, net profit remained almost flat at Rs 463 crore (Rs 461 crore).
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