Grasim Q4 net up 58% to Rs 881 cr

CORPORATE SCORECARD

Consolidated income of the company during the quarter also increased to Rs 4,832.02 crore form from Rs 4,167.69 crore last year.

For the year ended March 31, 2008, the consolidated net profit of the company stood at Rs 2,891.44 crore, a rise of 47 per cent from Rs 1,967.39 crore during last year. Total income of the company surged to Rs 17,436.19 crore from Rs 14,387.18 crore.

On a stand-alone basis, the company reported a 41 per cent increase in its net profit at Rs 667.37 crore for the quarter ended March 31, 2008 as compared to Rs 474.49 crore in the comparable period last year. Total income of the company rose to Rs 2861.09 crore from Rs 2552.18 crore last year.

The stand-alone net profit of the firm stood at Rs 2,232.60 crore for the year ended March 31, 2008 as compared to Rs 1,535.81 crore during last year. Total annualised income of the company rose to Rs 10,592.89 crore from Rs 8,853.47 crore last year.

Further, the board of directors of the company has declared a dividend of Rs 30, on every share of face value of Rs 10 each held, for the financial year ended March 31.