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FDC Ltd on Saturday reported a 7.81 per cent decline in its standalone net profit at Rs 28.56 crore for the quarter ended March 31, 2012, as against Rs 30.98 crore over the same period of previous fiscal.
Total income stood at Rs 155.77 crore for current quarter as against Rs 156.92 crore during the same period of last year.
The company recommended a final dividend of Rs 2 per equity share for the financial year 2011—2012.
Consolidated net profit for the year ended March 31, 2012 declined to Rs 134.08 crore from Rs 150.89 crore for the previous fiscal year.
The company’s consolidated total income also declined to Rs 710.54 crore for the FY12 from Rs 711.67 crore for FY11.
“The company’s board have approved the buyback of fully paid-up equity shares of Re 1 each of the company, up to a maximum offer size of Rs 50 crore and upto a maximum offer price of Rs 110 per equity share, from the open market transactions through stock exchanges,” FDC said.
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