Murugappa Group company Wendt (India) has reported a 10-per cent increase in its profit after tax at ₹13.47 crore for 2018-19 when compared with the same period of the previous financial year.
The company registered sales of ₹139.86 crore — up 10 per cent over the previous fiscal. Domestic sales accounted for ₹97.23 crore.
On a consolidated basis, the company’s profit after tax stood at ₹15.41 crore, an increase of 17 per cent over the previous year.
Sales grew 12 per cent at ₹161.78 crore.
The board recommended a final dividend of ₹15 per share (150 per cent on face value of equity shares of ₹10 each). The total dividend for the year is ₹30 per share.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.