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.
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