Aplab registers another year of record growth
By Our Corporate Bureau | 29 Jun 2004
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Aplab Limited, one of India's largest electronic test and measurement equipment company, today announced its audited performance for the financial year 2003-04 which shows annual sales of Rs 77.80 crore, a growth of 23.67 per cent over the previous year.
The profits for the year grew to Rs 289 lakh as against Rs 112 lakh for the previous year, recording an increase of 158 per cent.
Earning per share (EPS) showed over 100 per cent increase at Rs 3.46 per share and therefore, the Aplab Board today declared the dividend of 15 per cent to its 5,000 shareholders.
The company's present order book stands at Rs 28 crore and the management is confident of an equally impressive growth during the current year. Each division is poised to grow not only in sales volume but also in its product complexion and the market share.
