Foseco India Ltd Q1 net up 28.54% at Rs.5.07 Crores

Foseco India Ltd has announced the UnAudited Financial Results for the quarter ended June 30, 2007.

The Company has posted profit after taxes of Rs.50.75 million for the quarter ended June 30, 2007 where as the same was at Rs.39.48 million for the quarter ended June 30, 2006. Total Income is Rs.378.29 million for the quarter ended June 30, 2007 where as the same was at Rs.311.28 million for the quarter ended June 30, 2006.

The company reported Earnings Per Share (EPS) of Rs.7.95 for quarter ending June 30, 2007 compared to Rs.6.18 during same quarter last year.

The Board of Directors of the company has declared a second interim dividend of Rs 5/- per equity share of Rs 10 to the shareholders whose names appear on the Register of Members on July 27, 2007. In addition to the year-to-date interim dividend of 20%, this declaration brings the cumulative interim dividend to 70%.

The stock closed the day at Rs.423.70, up by Rs.13.70 or 3.34%. The stock hit an intraday high of Rs.424.50 and low of Rs.418. The total traded quantity was 1453 compared to 2 week average of 571.

Source : Equity Bulls

Keywords