EID Parry Q4 PAT at Rs 94 cr

Diversified firm EID Parry India today said its profit after tax grew over two-fold during the fourth quarter ended March 31 to Rs 93.75 crore over the corresponding period a year ago.

The company had a profit after tax of Rs 37.90 crore in the fourth quarter last financial year, EID Parry India said in a filing to the Bombay Stock Exchange.

Turnover of the company during January-March quarter rose to Rs 225.59 crore from Rs 184.38 crore of the same quarter a year earlier.

For the financial year ended March 31, 2009, the company posted a profit after tax of Rs 691.96 crore, whereas it had a loss of Rs 16.58 crore last fiscal.

 

The company also announced a final dividend of Rs 6 per equity share for the year ended March 31, 2009.

Further, EID Parry India said its board has appointed K Raghunandan as the Managing Director of the company.

Raghunandan's appointed would come into effect from April 1, 2009 for a period of five years, it added.