Pratibha Industries Ltd, the flagship company of the Pratibha Group and a leading player in urban infrastructure including water, waste water and sewage management, and building construction, announced a rise of 33.30 % in its consolidated Net Sales for the quarter at Rs 5.19bn as against Rs 3.89bn in the corresponding quarter.
For the year ended 31st March 2012, Pratibha Industries reported consolidated Net sales of Rs 16.76bn against Rs 1273.42 Crore in the corresponding last fiscal, registering a growth of 31.61%. EBITDA stood at Rs 229.47 Crore against Rs 1.77bn, up 29.38%. Net Profit for the period was Rs 81.10 Crore against Rs 71.43 Crore, an increase of 13.54%
Commenting on the company's performance, Ajit Kulkarni, Managing Director, Pratibha Industries Ltd said, "The quarter and the year gone by has been highly encouraging for us. It was pleasing to note that despite the tough macro-economic environment prevailing we displayed consistent growth throughout the year. We are fairly optimistic on the outlook for the coming year and we shall strive for steady growth".
The Board of Directors have recommended a dividend of 30%.