shri jagdamba polymers ltd (JDP) Snapshot

Shri Jagdamba Polymers Ltd. has announced that the Board of Directors of the company at its meeting held on May 29, 2013, have recommended a dividend of INR 1.00 per share (previous year INR 1.00 per share) to the Equity Shareholders subject of deduction of tax at source.

Shri Jagdamba Polymers Ltd. reported unaudited financial results for the fourth quarter and audited financial results for the full year ended Mar. 31, 2013. For the quarter, the company reported profit from operations before other income, finance costs and exceptional items of INR 14 million against INR 19 million for the same period of last year. Profit from ordinary activities before tax was INR 12.7 million against INR 11.95 million for the same period of last year. Net profit for the period was INR 16.25 million or INR 18.55 per diluted share against INR 6.60 million or INR 7.77 per diluted share for the same period of last year. Net sales/income from operations was INR 216 million against INR 143 million for the same period of last year. For the year, the company reported profit from operations before other income, finance costs and exceptional items of INR 58 million against INR 52 million for the same period of last year. Profit from ordinary activities before tax was INR 35.84 million against INR 25.03 million for the same period of last year. Net profit for the period was INR 31.61 million or INR 36.09 per diluted share against INR 16.55 million or INR 18.9 per diluted share for the same period of last year. Net sales/income from operations was INR 739 million against INR 536 million for the same period of last year.

Shri Jagdamba Polymers Ltd. announced that they will report Q4, 2012 results on May 29, 2013