Adi Finechem Ltd. said its board had approved issuance of bonus equity shares of Rs.10 each in the ratio of one equity share for every ten equity shares held by members.
The board also recommended dividend ten percent or Re.1.00 per equity share of Rs.10 each for the fiscal year 2013, to be paid between June 25 and July 01, 2013.
For the fiscal year, the company posted stand-alone net profit of Rs.8.39 crore, compared with Rs.7.37 crore last year, an increase of percent. Net income from operations totaled to Rs.122.18 crore, up by 27 percent from the Rs.96.52 crore in 2012, while other operating income was Rs.0.92 crore, compared with Rs.0.64 crore a year-ago.
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