Financials for the period January - December 2007
-- Net profit for the year increased by 41% to Rs.218 crores against Rs.154 crores in the previous year.
-- Gross turnover for the year was Rs.2216 crores an increase of 9% over previous year
-- Operating margin increased to 17%
-- Earnings per share increased to Rs 17.67 from Rs.12.50 in the previous year
-- Return on Net Worth increased to 52%
The Board of Directors at its Meeting held today, recommended a final dividend of Rs.9.50/- per share for the year ended 31st Dec 2007 (2006 Final Dividend: Rs. 5 per share) in addition to an interim dividend of Rs 4.50/- per share (2006 Interim dividend : Rs. 4 per share), totaling to Rs. 14/- per share for the full year 2007 versus Rs 9 per share for 2006. Earning Per Share has increased from Rs. 12.50 in 2006 to Rs. 17.67 in 2007.