Cadila Healthcare Q4 net rises 11.62%; announces dividend of Rs 4.50 per share
Cadila Healthcare Ltd, on Tuesday announced an increase of 11.62% in its net profit at Rs 58 crore for the second quarter ended March 31, 2009, compared to Rs 51.96 crore in the year-ago period.
Further, total income of the company for the quarter also rose 29.25% to Rs 727.73 crore, compared to Rs 563 crore for prior year period.
For the full-year ended March, Cadila Healthcare’s net profit surged 17.65% to Rs 303.08 crore, as compared to Rs 257.59 crore for the year ended March 31, 2008.
In addition, company’s total income has also increased from Rs 2333.16 crore for the year ended March 31, 2008 to Rs 2947.85 crore for the year ended March 31, 2009.
Apart from announcement of results, the company’s board of directors has recommended a dividend of Rs 4.50 per equity share on the increased capital of 13,64,99,013 equity shares of Rs 5/- each for the financial year ended March 31, 2009.
At 1:35 pm, the scrip of the company was trading at Rs 310. During the trading session, the counter has touched an intraday high and low of Rs 325 and Rs 311 respectively.