D-Link India Q4 profit after tax at Rs.54.183 million, recommends 100% dividend

D-Link India Ltd has announced the financial results for the quarter & year ended March 31, 2007. The Unaudited results for the Quarter ended March 31, 2007 are as follows: The Company has posted a net profit of Rs 54.183 million for the quarter ended March 31, 2007 as compared to Rs 49.245 million for the quarter ended March 31, 2006. Total Income (net of excise) has increased from Rs 741.117 million for the quarter ended March 31, 2006 to Rs 788.540 million for the quarter ended March 31, 2007.

The Audited results for the Year ended March 31, 2007 are as follows: The Company has posted a net profit of Rs 219.272 million for the year ended March 31, 2007 as compared to Rs 232.056 million for the year ended March 31, 2006. Total Income (net of excise) has increased from Rs 2808.897 million for the year ended March 31, 2006 to Rs 2910.334 million for the year ended March 31, 2007.

The consolidated results for the Year ended March 31, 2007 are as follows: The Group has posted a net profit after adjustments of Rs 223.394 million for the year ended March 31, 2007 as compared to Rs 228.207 million for the year ended March 31, 2006. Total Income (net of excise) has increased from Rs 3228.240 million for the year ended March 31, 2006 to Rs 3416.858 million for the year ended March 31, 2007.

The Board of Directors of the Company at its meeting held on May 16, 2007, inter alia, has recommended a dividend of 100% i.e. Rs 2/- per share.

Source : Equity Bulls

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