Orchid Q4 net profit surges 114%

BS 200 SCORECARD

Orchid Chemicals and Pharmaceuticals recorded a net profit of Rs 16.60 crore for the fourth quarter of 2004-05, up 114.19 per cent over the previous year's Rs 7.75 crore.

The fourth quarter net profit included Rs 9.75 crore of deferred tax written back. The board has recommended a dividend of 40 per cent on equity (face value of Rs 10).

The sales for the fourth quarter was Rs 178.10 crore, down by 14.27 per cent in relation to last year's Rs 207.75 crore. The net profit for 2004-05 was Rs 31.01 crore, marginally lower than the previous year net profit of Rs 31.02 crore.

The sales for 2004-05 was Rs 689.29 crore, down by 3.37 per cent as compared to last year's Rs 713.40 crore.