Rajesh Exports Ltd. said its board recommended a dividend of 60 percent or Re.0.60 per equity shares of Re.1 each for the fiscal year 2012.
The company reported fourth-quarter net profit of Rs.90.19 crore, up by 78 percent from the Rs.50.70 crore in Q4FY11. Total income from operations increased by 37 percent to Rs.8,707.89 crore from the Rs.6,346.78 crore in the year-ago quarter.
For the fiscal year, its net profit rose by 64 percent to Rs.407.15 crore from the Rs.247.96 crore in 2011. Total income from operations totaled Rs.25,724.07 crore, compared with Rs.20,845.68 crore a year-ago, an increase of 23 percent.
At the BSE, Rajesh Exports share are currently trading at Rs.144.10, up 1.48 percent from the previous close.
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