Stock Report

FDC Q4 net profit lower at Rs.4.32 crores



Posted On : 2007-06-26 04:38:18( TIMEZONE : IST )

FDC Q4 net profit lower at Rs.4.32 crores

FDC Ltd has announced the financial results for the quarter & year ended March 31, 2007. The Unaudited results for the Quarter ended March 31, 2007 are as follows: The Company has posted a net profit of Rs 43.20 million for the quarter ended March 31, 2007 as compared to Rs 76.20 million for the quarter ended March 31, 2006. Total Income (net of excise) has increased from Rs 763.70 million for the quarter ended March 31, 2006 to Rs 858.40 million for the quarter ended March 31, 2007.

The Audited results for the Year ended March 31, 2007 are as follows: The Company has posted a net profit of Rs 643.30 million for the year ended March 31, 2007 as compared to Rs 694.30 million for the year ended March 31, 2006. Total Income (net of excise) has increased from Rs 3666.30 million for the year ended March 31, 2006 to Rs 4373.90 million for the year ended March 31, 2007.

The Audited consolidated results for the Year ended March 31, 2007 are as follows: The Group has posted a net profit of Rs 656.10 million for the year ended March 31, 2007 as compared to Rs 699.10 million for the year ended March 31, 2006. Total Income (net of excise) has increased from Rs 3772.80 million for the year ended March 31, 2006 to Rs 4453.00 million for the year ended March 31, 2007.

The stock closed the day at Rs.34.35, down by Rs.0.90 or 2.55%. The stock hit an intraday high of Rs.36 and low of Rs.34.15. The total traded quantity was 80002 compared to 2 week average of 66540.

The Board of Directors at its meeting held on March 10, 2007 had declared and paid an Interim Dividend of 100%, for the financial year 2006-2007, the same is confirmed as final dividend for the financial year 2006-2007.

Source : Equity Bulls

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