Madras Cements has reported a turnover of Rs. 940.23 crore in the fourth quarter ended March 31, 2012 against Rs. 702.64 crore in the same period in the previous year. The net profit has risen by 55.4 per cent to Rs. 99.09 crore from Rs. 63.78 crore. For the year ended March 31, 2012, the turnover went up by 24 per cent to Rs.3,288 crore from Rs.2,645 crore in the previous year. The net profit rose by 83 per cent to Rs. 385.11 crore from Rs. 210.09 crore. The board of directors has recommended a final dividend of Rs.0.50 per share on the equity capital of the company. Together with the interim dividend of Rs.2 per share paid during the year, the total dividend for the year is Rs.2.50 per share. For the previous year, the company had paid a dividend of Rs.1.25 per share.
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