Net profit of the company has risen to Rs 23.03 crore from Rs 22.80 crore in the previous year. The directors have recommended a dividend of Rs 5 per share on the equity share capital of Rs 11.98 crore. Operating profit of the company increased from Rs 65.88 crore to Rs 68.55 crore. Operating profit margins and the net profit margins remained static at 5.6 per cent and 1.9 per cent, respectively.

The company's total expenditure have gone up to Rs 1,137.57 crore from Rs 1,096.71 crore. The company's interest has declined slightly, from Rs 44.49 crore to Rs 41.4 crore.

The gross profit after interest but before depreciation and tax has gone up from Rs 29.72 crore to Rs 38.25 crore, anddepreciation has increased from Rs 8.48 crore to Rs 10.97 crore.