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Linc Pen reports turnover of Rs. 314.10 cr

| | Jun 01, 2014, at 12:26 am
Kolkata, May 31 (IBNS): Linc Pen & Plastics Ltd on Saturday reported a total turnover (Net Sales and other Operating income) at Rs. 314.10 crores for the year 2013-14.

Linc noted that the PAT increased by 112.6 percent to Rs. 11.51 crores in comparison to Rs. 5.41 crores in 2012-13.

EBIDTA margin was at 7.2 percent vs 4.6 percent in the previous year.

EPS was at Rs. 7.78 as compared to 3.91 in the previous year, while the Dividend declared @ Rs. 2 per share as compared to the previous year Rs. 1.50 per share.

Linc further noted that the total turnover (Net Sales and other Operating income) for the quarter ended Mar 31, 2014 was at Rs.92.25 crores.

The PAT was at Rs. 3.76 crores as compared to Rs.3.10 crores in the corresponding period last year, representing an increase of 21.3 percent.

The EPS was at Rs. 2.55 as compared to 2.09 in the same quarter of previous year.

Speaking on the Results, Managing Director Deepak Jalan said, "Despite an increase in prices of main inputs, the key factors which helped the Company in improving profitability during 2013-14 were change in the sales mix, favourable Rupee-US Dollar Scenario, prudent spending on advertisement and promotions and upward price revision."

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