Vinati Organics Limited informed that the board of directors of the company at its meeting held on May 07, 2013, has recommended a dividend of 125% on the share capital of the company that is INR 2.50 per equity share of face value of INR 2 each for the year ended March 31, 2013, subject to approval by the shareholders of the company in ensuing annual general meeting.

Vinati Organics Limited reported audited earnings results for the fourth quarter and full year ended March 31, 2013. For the quarter, the company reported total income from operations of INR 1,667.354 million against INR 1,377.569 million for the same period last year. Profit from operations before other income, finance cost and exceptional items were INR 347.493 million against INR 340.060 million for the same period last year. Profit from ordinary activities before tax was INR 335.398 million against INR 305.521 million for the same period last year. Net profit for the period was INR 214.697 million or INR 4.35 per basic and diluted share against INR 202.697 or INR 4.11 per basic and diluted share for the same period last year. For the year, the company reported total income from operations of INR 5,529.154 million against INR 4,474.606 million for the same period last year. Profit from operations before other income, finance cost and exceptional items were INR 1,103.809 against INR 879.584 million for the same period last year. Profit from ordinary activities before tax was INR 1,026.059 million against INR 8,169.022 million for the same period last year. Net profit for the period was INR 686.628 million or INR 13.91 per basic and diluted share against INR 548.054 or INR 11.10 per basic and diluted share for the same period last year.

Vinati Organics Limited announced that they will report Q4, 2013 results on May 07, 2013