Monday 11 May 2015

Atul Auto Q4 net profit at Rs. 8.6 crore

The company's Total Income stood at Rs. 122.5 crore Vs Rs. 112.6 crore (YoY). 

Atul Auto
Atul Auto Ltd has announced the following results for the quarter & year ended March 31, 2015.

The company reported net profit of Rs. 8.6 crore in Q4 FY15 against Rs. 8.4 crore.
During the period under review, the company's Total Income stood at Rs. 122.5 crore Vs Rs. 112.6 crore (YoY).

1. The Board has recommended, subject to approval of Members at the ensuing Annual General Meeting, final dividend of Rs. 2.50/- per equity share of Rs. 5/- each or whereby making total dividend for FY 2014-15 to Rs. 5/- per equity share of Rs. 5/- each (Excluding dividend distribution tax) i.e. 100% on paid-up share capital of the Company.

2. The Board has reappointed  N. J. Chandra as Whole-time Director of the Company and also decided to increase remuneration of Mr. J. J. Chandra, Chairman & Managing Director, Mr. M. J. Patel, Whole-time Director and CFO and Mr. N. J. Chandra, Whole-time Director, subject to approval of Members in the ensuing Annual General Meeting. 

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