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Aarti Industries on Friday reported a 26.75 per cent increase in its standalone net profit at Rs 28.24 crore for the fourth quarter ended March 31, 2012 on account of robust growth across all the segments.
The chemical manufacturing company had posted a net profit of Rs 22.28 crore for the same period of last year.
Total standalone income stood at Rs 466.77 crore for the current quarter as against Rs 435.44 crore for the corresponding period year ago.
The company recommended a final dividend of Rs 1.50 per share, for the financial year 2011-12.
Consolidated net profit for the year ended March 31, 2012 rose to Rs 90.03 crore from Rs 66.91 crore recorded in the previous year.
Total income of the company stood at Rs 1,673.31 crore as against Rs 1,453 crore in 2010—11.
Commenting on the results Aarti Industries Vice Chairman & MD, Mr Rajendra Gogri said: “ The growth was lead by good performance across the segments. The board has recommended final divined of 30 percent — thereby making a total dividend of 70 per cent for the year.”
Shares of Aarti Industries closed at Rs 67.50 on BSE, up 3.13 per cent from its previous close.
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