net profit for the year registered a sharp increase
of 21.5 per cent and stood at Rs 22.13 crore (Rs 18.21
crore). The earnings per share (face value: Rs 2) for
the year ended 31 March 2003 works out to Rs 7.37 (Rs.6.07).
board of directors has recommended a dividend of 80
per cent for
the year. The company has a healthy order-book position
and is well placed for strong growth in the current