Srikalahasti Pipes Q4 net profit rises 4.3%

May 08, 2019 09:49 pm | Updated 09:49 pm IST - CHENNAI

For Commerce Desk: Srikalahasti Pipes

Handout

For Commerce Desk: Srikalahasti Pipes Handout

Srikalahasti Pipes Ltd., formerly known as Lanco Industries Ltd., has reported a 4.3% increase in its standalone net profit for the fourth quarter ended March 2019 to ₹35.83 crore. During the period under review, revenue from operations grew to ₹408.70 crore from ₹362.56 crore. The board declared a dividend of ₹6 per share. The net profit for the fiscal dipped to ₹117.54 crore from ₹147.40 crore on higher raw material cost.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.