Gujarat Ind Q4 PAT up 3 fold at Rs 52 cr
Gujarat Industries Power Company Ltd (GIPCL) on Monday posted nearly three-fold increase in Profit After Tax (PAT) at Rs 52.12 crore for the quarter ended March 31, as compared to Rs 18.17 crore for the same quarter last year.
By PTI |
MUMBAI: Gujarat Industries Power Company Ltd (GIPCL) on Monday posted nearly three-fold increase in Profit After Tax (PAT) at Rs 52.12 crore for the quarter ended March 31, as compared to Rs 18.17 crore for the same quarter last year.
The total income grew 22 per cent to Rs 230.62 crore for the quarter ended March 31, from Rs 188.90 crore for the corresponding quarter a year ago, the company informed the Bombay Stock Exchange.
The board of directors has declared a final dividend at five per cent for the financial year 2006-07 in addition to the 15 per cent Interim dividend already paid.
For the year ended March 31, the company recorded a profit after tax of Rs 182.92 crore for the year ended March 31, as compared to Rs 114.81 crore for the period under consideration last year and the total income increased to Rs 882.79 crore from Rs 800.89 crore.
GIPCL is engaged in generation and distribution of electricity through its gas and lignite based power stations.
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