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Anil Ltd PAT up 44% at Rs 14.45 cr in Q4 of 2011-12

Company’s turnover jumps 34% to Rs 200 crore in Q4

Market Press Release – May 23, 2012 12:12 pm PR Views: 96 
 
  
Contact Information
Adfactors PR

Ahmedabad
Gujarat - 380009

079 6663 2777
ahmedabad.adfactors@gmail.com

Financial Highlights (Rs Crore):
Particulars FY12 FY11 Annual
Growth (%) Q4 FY12 Q4 FY11 Quarter
Growth (%)
Total Income 646.55 505.84 27.82 199.96 148.71 34.46
Net Profit 50.41 40.13 25.62 14.11 9.82 43.64
EPS (Rs) 51.62 41.09 25.62 14.45 10.06 43.64

Ahmedabad, May 23, 2012: Agro and food processing major, Anil Limited, reported a 43.64% jump in net profit and a 34% increase in total income for the fourth quarter (Q4) ended March 31, 2012 at its board meeting held on 22 May 2012. The company also declared a dividend of 20% for the year 2011-12.

For the fourth quarter (Q4) the company has reported a consolidated net profit of Rs 14.45 crore which represents a jump of 43.64% over Rs 10.06 crore posted in the Q4 of the previous financial year. Net sales in current Q4 at Rs 199.96 crore were higher by 34.46% compared to Rs 148.71 crore in same quarter of previous fiscal.

For the 12 months ended March 31, 2012 the company’s consolidated profit after tax was Rs 50.41 crore an increase of 25.62% over Rs 40.13 crore net profit posted in the previous financial year. Total income for FY2012 at Rs 646.55 crore was higher by 27.82% over previous fiscal’s turnover of Rs 505.84 crore.

Commenting on the financial performance of the company, Mr. Amol S. Sheth, Chairman and Managing Director of Anil Limited said, “Development of new products and focus on speciality products along with a very focussed approach on efficiency improvements and cost management have enabled us to grow both the top line and the bottom line.”

The Rs. 646 crore Anil Limited is the flagship company of the diversified Anil Group, headquartered at Ahmedabad. This agro and food processing major has robust manufacturing infrastructure, R&D and application development capabilities. Anil Ltd. is also the majority shareholder in the group’s upcoming and ambitious Mega Food Park venture near Vadodara – this will be the first of its kind in the state of Gujarat. The company is listed on the Bombay Stock Exchange (BSE) – its sales have more than doubled between FY2008 and FY2012, while net profit has shot up by over five times during the same period. The focus on introducing speciality products, environment friendly solutions and emphasis on exports, during the same period, allowed Anil Limited to expand its product reach to more than four continents across the globe. The company is poised for strong growth.

Core strengths of Anil Ltd are R&D, continuous technology up-gradation and product development & innovation which exemplify the company’s vision to become India’s leading food and agri player with a global outlook; offering innovative value added products & services through technological, conceptual and execution excellence. The company manufactures products which cater to over 30 different segments like food, beverages, paper, textiles, animal feed, pharma & personal care, chemicals & intermediates, and confectioneries, to name just a few. The company manufactures a varied range of products, some of which include starches, sweeteners & syrups, polyols & speciality feed ingredients and supplements. Anil Limited is a part of the Rs. 1,000 crore Anil Group with operations in the agri & food processing sector, biotechnology, hospitality, agri-commodities and knowledge solutions.


Related Tags: Anil Ltd, Agro & Food Processing major

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May 2013 Edition


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