Ador Welding Ltd. had recommended a dividend of 60 percent or Rs.6.00 per equity share of Rs.10 each for the fiscal year 2013.
For the fiscal year, the company reported a net profit of Rs.19.08 crore, compared with Rs.20.89 crore in 2012, reflecting a nine percent decline. Total net income, including other operating income, was Rs.364.17 crore, higher by seven percent than the Rs.340.91 crore a year-ago.
On a consolidated basis, the company posted fiscal year net profit of Rs.16.88 crore on total net income, including other operating income, of Rs.364.95 crore.
At the BSE, Ador Welding shares are currently trading at Rs.124.60, up 3.70 percent from the previous close.
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