Menon Pistons Ltd. announced that the board of directors of the Company at its meeting held on May 18, 2013, has recommended dividend at INR 2.00 (20%) per equity share of INR 10 each for the financial year ended March 31, 2013.

Menon Pistons Ltd. reported audited earnings results for the fourth quarter and year ended March 31, 2013. For the quarter, the company's net sales/income from operations was INR 344.6 million compared with INR 425.3 million a year ago. Profit from operations before other income, finance cost and exceptional item was INR 15.6 million compared with INR 47.3 million a year ago. Profit from ordinary activities before tax was INR 5.1 million compared with INR 40.2 million a year ago. Net profit was INR 0.53 million compared with INR 24.8 million a year ago. For the year, the company's net sales/income from operations was INR 1,527.2 million compared with INR 1,649.2 million a year ago. Profit from operations before other income, finance cost and exceptional item was INR 109.5 million compared with INR 183.9 million a year ago. Profit from ordinary activities before tax was INR 66.2 million compared with INR 151.8 million a year ago. Net profit was INR 45.7 million compared with INR 100.2 million a year ago.

Menon Pistons Ltd. announced that they will report fiscal year 2013 results on May 18, 2013